Representatives of AUSTRAC, the Asia/Pacific Group, and other organizations to highlight emerging risks associated with Russia sanctions evasion, child exploitation, environmental crime, non-financial businesses, cryptocurrency, and more
Miami, May 31, 2022 (GLOBE NEWSWIRE) — As part of its efforts to help compliance practitioners meet rising regulatory risks across the Australasian region, ACAMS will host a special 2-day training and networking event for its 2nd Annual AML & Anti-Financial Crime Conference – Australasia. Beginning on June 20th, attendees of this in-person event will hear from high-level expert speakers on the most pressing regional compliance topics of today, including recent regulatory changes, sanctions practices tied to the invasion of Ukraine, emerging illicit-finance typologies in the Pacific Islands and Papua New Guinea, strategies to combat human trafficking with existing due diligence procedures, and regional environmental-crime risks linked to crypto-assets and transnational money flows.
The event’s keynote speakers—Nicole Rose, PSM, CEO of AUSTRAC, and David Shannon, Director of Mutual Evaluations for the Asia/Pacific Group on Money Laundering—will also outline anti-financial crime (AFC) priorities across the region.
In addition to having the chance to meet their peers face-to-face in networking sessions, attendees will be able to pose their compliance questions directly to the conference’s high-level subject-matter experts representing the Australian Criminal Intelligence Commission, Australian Federal Police, Australia and New Zealand (ANZ) Banking Group, National Australia Bank (NAB), BSP Financial Group, MoneyGram, Crown Resorts, International Centre for Missing and Exploited Children (ICMEC), World Wide Fund for Nature (WWF), University of Canberra, and others.
“Money laundering and other financial crimes have increasingly dominated headlines throughout Australasia in recent years and AFC professionals are under greater pressure to root out illicit activity taking place in banks, money transfer firms, casinos, and other companies,” said ACAMS CEO Scott Liles. “To do that, the financial sector and government will need to work together to share compliance knowledge and best practices.”
“For this reason, we’ve designed this conference to serve not only as a platform to debate and discuss AFC guidance on emerging threats but also to empower attendees with practical advice that can be effectively implemented in their own institutions,” he said. “We’re all in this fight together, which is why this is an important opportunity for law enforcement officials, regulators, and compliance practitioners to expand their professional networks and AFC toolkits.”
The full program of the conference can be found here.
ACAMS is the largest international membership organization dedicated to providing opportunities for anti-financial crime (AFC) education, best practices, and peer-to-peer networking to AFC professionals globally. With over 90,000 members across 180 jurisdictions, ACAMS is committed to the mission of ending financial crime through the provision of anti-money laundering/counterterrorism-financing and sanctions knowledge-sharing, thought leadership, risk-mitigation services, ESG initiatives, and platforms for public-private dialogue. The association’s CAMS certification is the gold-standard qualification for AFC professionals, while the CGSS certification is its premier specialist qualification for sanctions professionals. ACAMS’ 60 Chapters globally further amplify the association’s mission through training and networking initiatives. Visit acams.org for more information.
CONTACT: Lashvinder Kaur ACAMS +44 7388264478 [email protected]