20 - 21 August, 2019 | Novotel Sydney on Darling Harbour, Sydney, NSW

Conference Day One: Tuesday, 20th August 2019

9:00 am - 9:30 am COFFEE AND REGISTRATION

9:30 am - 9:40 am Conference Opening – Remarks from the Conference Chairperson

Wendy Ward, Regional Head of AML Compliance – JAPA at American Express

Wendy Ward

Regional Head of AML Compliance – JAPA
American Express

9:30 am - 10:20 am NAB’s Financial Crime Change Program – the Journey and Key Learning’s

NAB is undertaking a multiyear transformational program to enhance its global Financial Crime objectives. The program has been established to tackle both tactical and strategic outcomes with a strong focus on technology and capability uplift.

This session will talk about:
  • The journey to date and key learning’s
  • Technology transformation and moving to a cloud environment enabling rapid delivery
  • Focusing on hiring the right people to uplift the global bank wide capabilities and ensure success of the program
  • The road ahead
Daniel Rule, Global Head of Financial Crime Solutions at National Australia Bank

Daniel Rule

Global Head of Financial Crime Solutions
National Australia Bank

10:20 am - 11:20 am The Impact of Fraud at The Star Entertainment and Lifting Up the Level of Compliance

The Star Casino is extremely unique in the fact that they work with more than just cashless commodities. They have to not only consider cash but also chips and complimentaries which to generate greater financial opportunities for fraudsters to exploit. As such, their processes need to much more robust to manage and eliminate possibilities of crime.

Learn how the Star is:
  • Keeping up to date with the latest fraud trends and proactively managing and mitigating risks
  • Equipping employees with the training, knowledge and tools to be an effective first line defense
  • Examining the financial impact financial crime has had and improving processes moving forward
  • Implementing management systems such as surveillance systems and integrity hotlines to identify risks
Kevin Houlihan, Group Investigations Manager at The Star Entertainment

Kevin Houlihan

Group Investigations Manager
The Star Entertainment

11:20 am - 11:40 am Speed Networking

11:50 am - 12:20 pm MORNING TEA

12:20 pm - 1:00 pm Identifying and Mitigating the Risk of Illicit Funds from China into The Australian and Asian Pacific Markets

The growth of China’s economy is increasing wealth, leading to Chinese money flooding the Australian and Asian Pacific markets which is becoming a huge concern. A massive challenge is establishing the provenance of where the money originates from, especially with funds collapsing due to fraud or transparency issues with moving money between countries. It said about $1 billion in suspicious transactions came from Chinese investors into Australian property in 2015-2016. Goldman Sachs is focusing on training investigators and having consistent education of their employees to pick these scenarios up.

Learn about:
  • Being aware of the controls strategy and educating employees to constantly and consistently pick up these scenarios by tweaking them in training
  • Training investigators to understand certain types of activities to be professionally skeptical of excuses and look out for money movement
  • Focusing on KYC and CDD as well as where their money comes from and their activity to prevent illicit activities
David Cope, Managing Director and Head of Financial Crime Compliance at Goldman Sachs

David Cope

Managing Director and Head of Financial Crime Compliance
Goldman Sachs

1:00 pm - 1:40 pm Financial Crime within the Superannuation- The Risk is Real

The superannuation industry is facing some unique challenges due to the sheer volume of funds under management with 242 funds and $1.26 trillion in assets and over 28 million members’ accounts. The potential for low engagement from members makes it an attractive target for organised crime. Superannuation funds are investing more now than ever before in prevention activities and are working collaborative to mitigate the risk of financial crime.

Hear about:
  • The changing landscape that is superannuation and the financial crime risks typically faced
  • The unique challenges faced by superannuation funds in financial crime prevention and detection and why funds are thinking “outside the box” to manage this risk
  • How funds are working collaboratively to prevent financial crime
Blair Browning, Financial Crime and Risk Assurance Specialist at Tasplan Super

Blair Browning

Financial Crime and Risk Assurance Specialist
Tasplan Super

1:40 pm - 2:20 pm LUNCH BREAK

In the current financial landscape, the rise of digital technology has given criminals the new potential to defraud the system with 49% of organisations globally said they’ve been a victim of fraud and economic crime – up from 36%. However, this also presents as an opportunity as businesses can use new and emerging technology to tackle these criminals head on. This includes using data, regtech and AI.

Panellists will discuss:
  • Developing effective cyber security programs to prevent breaches
  • Utilising new data analytics to evaluate compliance effectiveness and reduce the cost of non-compliance
  • Automating and enhancing processes to give a better understanding of departments and help coordination
  • Enhancing the KYC process and transaction monitoring for better understanding and screening of customers
Jo Proud, Regional Head of Compliance at MUFG Bank

Jo Proud

Regional Head of Compliance
MUFG Bank

Steven York, General Manager, Group Compliance and Chief Security Officer Company at Bank of Queensland

Steven York

General Manager, Group Compliance and Chief Security Officer Company
Bank of Queensland

Crispin Yuen, Head of Governance & Strategy at Eastern & Allied

Crispin Yuen

Head of Governance & Strategy
Eastern & Allied

Marlene Sadhai, Manager – Financial Crime Response Risk & Assurance at Unisuper

Marlene Sadhai

Manager – Financial Crime Response Risk & Assurance
Unisuper

Jawad Latif, Associate Director Financial Crime Risk Assurance at National Australia Bank

Jawad Latif

Associate Director Financial Crime Risk Assurance
National Australia Bank

3:00 pm - 3:40 pm Building a Successful Anti-Money Laundering Program Across Multiple International Jurisdictions

American Express is a US based company with a global footprint. Being based in multiple jurisdictions throughout the world means that the company has varying regulatory requirements it is obligated to meet. Furthermore the company does business in the majority of jurisdictions as a non-bank, without a supporting branch network. What are the opportunities and challenges faced by American Express in these circumstances and the lessons that other reporting entities faced with similar demands can learn.

This session will talk about:
  • When to centralise fundamental aspects of the AML Program such as transaction monitoring and your risk assessment
  • Setting global standards whilst taking account of varying or conflicting regulatory requirements
  • Meeting outsourcing and oversight requirements
  • Resourcing and systems capabilities across multiple jurisdictions
  • The customer experience – meeting regulatory requirements without a branch presence
Wendy Ward, Regional Head of AML Compliance – JAPA at American Express

Wendy Ward

Regional Head of AML Compliance – JAPA
American Express

3:40 pm - 4:20 pm AFTERNOON TEA

4:20 pm - 5:00 pm Developing a Strong Culture that Cascades From the Top Down

Anti Money Laundering and Counter Financing of Terrorism measures can be quickly undermined if there is no strong culture of compliance to back it up. MUFG’s vision of “Be the world's most trusted financial group,”demonstrates the importance of a positive culture and good conduct with a commitment from the top. They are looking to pursue a consistently high level of quality that exceeds customers' expectations and have a strong emphasis on customer engagement, along with providing dependable and consistent support.

This session will discuss:
  • Getting your executives to promote a clear and consistent message to set expectations within the organisation
  • Ongoing monitoring and compliance management to ensure your AML assurances cover all bases for scrutiny
  • Integrating these processes into everyday business to that it becomes second nature and end to end
  • Encouraging and improving the protections offered to whistle-blowers
Jo Proud, Regional Head of Compliance at MUFG Bank

Jo Proud

Regional Head of Compliance
MUFG Bank

James Ruppert, Asia Regional Head Anti-Bribery & Corruption Compliance at MUFG Bank

James Ruppert

Asia Regional Head Anti-Bribery & Corruption Compliance
MUFG Bank

5:00 pm - 5:50 pm Champagne Roundtable Topic: Latest Developments in Emerging Threats and Financial Crime Investigation

This roundtable will allow attendees insights into some emerging trends and help them understand the importance of being proactive in monitoring and investigating new types of potentially suspicious activities even before any or minimal official regulatory rules or guidance is available. With 29% of organisations losing $1 million or more, financial crime is becoming increasingly critical to manage.

  • Spotting common financial crime motivations and typologies in today’s operating environment
  • Designing conceptual frameworks and benchmarking against international investigation standards to counter financial crime
  • Detecting and navigating potential cyber threats and fraud to avoid financial and reputational loss
Jawad Latif, Associate Director Financial Crime Risk Assurance at National Australia Bank

Jawad Latif

Associate Director Financial Crime Risk Assurance
National Australia Bank

5:50 pm - 6:00 pm Conference Closing – Remarks from the Conference Chairperson

Wendy Ward, Regional Head of AML Compliance – JAPA at American Express

Wendy Ward

Regional Head of AML Compliance – JAPA
American Express

6:00 pm - 6:00 pm NETWORKING DRINKS