5th Annual Australian Financial Crime Summit 2019 Agenda
These are testing times indeed to exist and thrive in the business world, and as such IQPC is proud to announce the 5th Annual Australian Financial Crime Summit 2019, dedicated to examining and helping to overcome financial crime issues through the combined expertise of professionals withi ...
Australian Financial Crime Summit Presentation Packet
Ahead of the 2019 Australian Financial Crime, have a look at some exclusive presentations from the 2019 event. Enjoy insights from:Andrew Lawrence, Senior Legal Officer-Fraud, Security and Integrity Reform at Attorney General’s Department Diana Clarke, Dire ...
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Establishing business resilience for cyber crime and fraud prevention
The threat of cyber crime and fraud is one of the most contentious issues facing financial institutions to date. As technology advances, so do the methods for criminals to cause potentially irreparable damage. Paul Hurrell, Australasian Zone Manager, Anti-Fraud and Investigations – Global Investigative Services Group at AIG, discusses how financial...
AML/CTF Act: What impact will the new findings have on reporting entities to prevent financial crime?
Australian banks and many other financial institutions have been subject to AML/CTF obligations for a very long time, and therefore have good basic processes in place. However, it’s a changing environment across both technology and legislative requirements. In this article, Aub Chapman, Director at Aub Chapman Consulting Services & the Co-Chair...
Meeting additional Customer Due Diligence requirements to prevent financial crime
On 1 June 2014, additional Customer Due Diligence (CDD) requirements came into effect under the AML/CTF Act. Reporting entities now have obligations such as identifying and verifying beneficial owners of their customers, which reflect how important transparency and visibility are in the fight against financial crime. However, driving an effective and...
From Risk Assessment to Risk Management: Managing Fraud and Crime Risk for your Organisation
In this presentation from Australian Financial Crime 2016, Tony Prior, Director, Supervision, AUSTRAC, explores: Creating a robust risk management system to protect your organisationRegulation – to keep the financial system free of criminal abuseThe future – looking forward to new frontiers
How the Internal Audit Function Can Enhance your Compliance Function
In this presentation from Australian Financial Crime 2016, Sean Hughes Chief Risk & Legal Officer, UniSuper, explores:Working with your compliance team to conduct third party due diligence reviewDetermining when a third party audit is requiredReporting to senior management on compliance risks during business planningEstablishing and implementing practical guidance for entertainment, gifts and travel policies
Creating Autonomy to Manage Risk in Other Entities
In this presentation from Australian Financial Crime 2016, Andrew Lawrence, Senior Legal Officer Fraud, Security and Integrity Reform Branch, Attorney - General’s Department, explores:Utilising informed technology and business decisions to carry out risk management techniquesGaining executive buy-in and control in support of AML/CTF & Fraud risk modelsInvesting in a more integrated enterprise...
Improving money laundering and fraud detection: Lessons learned from South Australian Police’s Operation ‘Profiteer’
Darren Crowhurst, Detective Brevet Sergeant, Major Fraud Investigation Section (156) was the lead Detective on ‘Operation Profiteer’, an investigation conducted in 2016 by the SA Police – Major Fraud Investigation Section into money laundering. The investigation identified 43 scam/fraud victims worldwide, and resulted in the arrest of an offender for over...
Preparing for the next threats in financial crime: Insights from AMP
In this interview, Graham Leney, Head of Group Financial Crime Compliance at AMP explores AMP’s approach to identifying crime and corruption and how new technologies can aid in the prevention of money laundering, fraud and corruption.
Improving AML/CTF Compliance: A Kiwibank perspective
At the upcoming 3rd Annual Financial Crime Summit 2017, Liz Knight, General Manager of Operational Risk and Compliance, AMLCO at Kiwibank is set to explore the best strategies to implement in strengthening retention and AML expertise by supporting staff professional development.Ahead of her presentation, Liz shares insight into the steps...
7 ways to strengthen AML/CTF Compliance and Reporting
This article explores 7 key focus areas banks and other financial organisations can consider to establish and maintain robust and integrated AML and CTF programs. Read this article to learn more from leading experts from ANZ, Kiwibank, AMP, AIG, QSuper and Darren who share insight into the key strategies which...
The Future of Financial Crime
This paper sets forth five key areas that compliance officers should consider as they assess and prioritize investments to pave the foundation for their future financial crimes programs.Culture of complianceIntegrationData and technology infrastructure Regulatory change managementStaffing model and digital labor