Australia' Only Conference Dedicated To  Mitigating & Managing Financial Crime, AML & Fraud

25 November, 2020 | Mercure Sydney Central, Sydney, NSW

Andrew Lawrence

Senior Legal Officer, Fraud Security & Integrity Reform Attorney-General’s Department

Conference Day Two: Wednesday, 19 February 2020

Wednesday, February 19th, 2020

11:00 AM GREAT DEBATE: Does Increased Compliance Mean Lower CX and Higher Costs?

-Legal obligations- how do you identify and monitor customers using a risk-based approach, whilst developing and maintaining a compliance program with minimal impact to CX?
-Failing AML & KYC processes- How do you prepare for evolving regulation and enforce improved KYC and compliance policies?
-Digital transformation- how do you employ end-to-end risk-function transformation that delivers and works alongside an effective compliance operating model?

1:30 PM Conducting Counter Fraud Operations Through Improved Information Sharing And Network Coordination

The Attorney General’s Department has developed a new centralised function to coordinate counter fraud activity, with a focus on building understanding of fraud capabilities within government and passing legislation which enables sharing of personal information to prevent, detect, investigate, and respond to fraud against the commonwealth:

  • Steps to improve and overcome privacy barriers and the passing of information to the commonwealth, and the opportunity for this between public and private sectors
  • Addressing cultural barriers and secrecy provisions in place that pose significant issues for information sharing
  • Testing programs proactively to identify vulnerabilities upfront and ensure appropriate fraud control capabilities
  • Raising awareness and understanding of the nature of Financial Crime Networks currently in operation

Check out the incredible speaker line-up to see who will be joining Andrew.

Download The Latest Agenda