Early Bird Fee

Register and Pay by 4 Aug '17

Regular Fee

Register and Pay after 4 Aug '17

$995.00(USD) $1,195.00(USD)

Group Discount! Enjoy 10% off when you register for 2 or more
For groups of 3, 4th comes for free

Important Notes
  1. Early Bird promotion: Discount will only be valid if payment is received by stipulated date.
  2. Group Discount only applies to registrations from the same company registering at the same time, issued in a single invoice and of the same billing source.
  3. Only corporate registrations will be accepted.
  4. Bank charges & taxes are to be borne by registrants, if applicable.
  5. Full payment is mandatory upon registration for admission to the event.
  6. Walk-in delegates will only be admitted on the basis of space availability at the event and with immediate full payment.
  7. Fee includes lunch, refreshments and documentation.
  8. The organiser reserves the right to make any amendments that it deems to be in the interests of the event without any notice.
  9. Any information provided by registrants will be used for the primary purpose of event administration and upcoming events updates. For more information, please visit: http://www.conferences.com.sg/privacy-statement/

A replacement is welcome if you are unable to attend. A full refund less 10% administrative charge will be made for cancellation received in writing by 11 Aug 2017. A 50% refund and a set of workshop documentation will be given for cancellation received by 25 Aug 2017. Regrettably, no refund can be made for cancellation received after 25 Aug 2017 or for “no show” participant. You will however receive a set of documentation.

Are you at Risk of Breaching Latest AML/CFT Regulations?

Updated AML Ordinance, launch of the Fraud and Money Laundering Intelligence Team (FIMLT), tightened casino regulations in Macau, disciplinary action on Coutts – local regulators are cracking down on illicit financing. Can you tighten controls and overcome gaps or will you be guilty of regulatory offence?

Can you enhance the customer due diligence and record-keeping framework?
Can you carry out effective risk assessments in detecting serious financial crime threats?
Can you adopt pre-emptive measures for KYC and avoid procedural deficiencies?

Overcome Compliance Failures, Weak Controls
Strengthen your Risk-Based AML/CFT Framework

Join us at this 1-day practical workshop to acquire proactive, risk-based strategies to maximise your AML/CFT compliance programme effectiveness. Hear insider information on regulators’ expectations in the identification of critical customer, product and service risks. Through best practice sharing, learn how companies interpret guidelines on assessing financial crime risks with proper scoring and risk rating. Gain insights from real life observations on how firms identify gaps in current AML/CFT policies, procedures, processes. Examine grey areas in adopting risk-based controls in Know Your Customer (KYC), sanctions screening and transactions monitoring to avoid compliance pitfalls.

Programme Highlights

Latest Regulatory Developments & Expectations

How to overcome compliance issues & grey areas?

Effective Risk Assessment on Institutional Risks

Key considerations: Assessing customer, product, service risk

Managing ML/TF Risks with Robust Controls

Embedding risk-based controls: KYC, screening, monitoring

Enhancing AML/CFT Effectiveness & Efficiency

Process improvement techniques and tools, continuous monitoring

Benefits of Attending

  • Examine the current AML/CFT landscape, upcoming trends and what regulators expect of companies
  • Hear how regional Financial Action Task Force (FATF) standards reviews impact AML/CFT compliance and efforts
  • Compare and contrast regional AML/CFT best practices and laws, and how they can be applied locally
  • Discover key risk indicators and red flags to look out for in the identification of critical ML/TF risks
  • Understand the drivers and key attributes for the measurement and prioritisation of financial crime risks
  • Identify gaps and hotspots in current AML/CFT policies, procedures, processes and how to overcome them
  • Pick up tips on how to review enterprise-wide inherent AML/CFT risk, control effectiveness and residual risk
  • Gain insights on how to quantify qualitative information with proper risk scoring and rating in assessing ML/TF risks
  • Employ practical techniques in carrying out risk-based CDDs, suspicious activity reporting and monitoring
  • Learn how to validate the organisational risk profile across businesses, products, distribution channels
  • Find out how to independently test AML/CFT controls design and operating effectiveness
  • Gather tips on how to overcome problems faced in screening and transactions monitoring

Workshop Leader

Joshua Heiliczer

Executive Director, Risk Advisory, Financial Services,

EY Hong Kong

Joshua is an Executive Director in EY’s Financial Services Practice with a focus on Anti-Money Laundering and Counter Terrorism Financing (AML/CTF). At EY, Josh has led a number of regulatory and internal audit driven AML/CTF reviews and remedial actions at financial institutions on issues including intensive reviews of sanctions controls, transaction monitoring and CDD/KYC files across the APAC region and globally.


Prior to joining EY, he has over 10 years of compliance management experience for the financial services sector and has held senior positions with leading international banks, focusing on AML policy management, Customer Due-Diligence remediation and regulatory review within the Asia-Pacific region.

Who Should Attend

Senior level executives from Compliance, Risk, Audit, Finance and Legal responsible for AML/CFT compliance from Financial Institutions including Authorized Institutions, Licensed Corporations and Designated Non-Financial Businesses and Professions (DNFBPs).



  • Session 1: Latest Regulatory Developments & Expectations on AML/CFT

    In gearing up for the FATF mutual evaluation, examine up and coming AML/CFT regulatory requirements in Hong Kong and around the region. Is your compliance programme comprehensive enough to meet regulators’ expectations?

    • Recent AML/CFT landscape – What is expected of companies?
    • Examining compliance issues and grey areas in the application of the AMLO and relevant AML/CFT laws
    • Key takeaways from other countries’ regulations on AML/CFT
    • Regional FATF standards review – How does that impact AML/CFT compliance and efforts?
    • Upcoming AML/CFT trends in 2017 & beyond – How to be audit ready?
  • Session 2: Effective Risk Assessment on Institutional Risks

    How to measure financial crime risks and evaluate the effectiveness of your current AML/CFT framework? Deep dive into how to analyse key ML/FT risks and potential gaps in your organisation’s AML/CFT processes.

    • Key considerations in assessing risk across customer, product, service segments
    • Drivers and key attributes for measuring and prioritising financial crime risks
    • Identifying gaps and hotspots in current AML/CFT policies, procedures and processes
    • How to quantify qualitative information with proper risk scoring and rating
    • Reviewing enterprise-wide inherent risk, control effectiveness and residual risk
  • Session 3: Managing ML/TF Risks with Robust Controls

    Excessive controls vs. aggressive risk taking – How to embed internal controls commensurate with the organisation’s risk profile and appetite with an effective risk-based approach?

    • Best practices and pitfalls to avoid in the application of controls with a risk-based approach including:
      – KYC or CDD
      – Enhanced CDD
      – Sanctions screening
      – Transactions monitoring
      – Suspicious transaction reporting
  • Session 4: Enhancing AML/CFT Effectiveness & Efficiency

    Is your risk-based AML/CFT framework technology enabled, with sufficient global coverage and regulatory expectations managed? Review the key considerations needed for an efficient approach to AML/CFT.

    • Validating the organisational risk profile across businesses, products, distribution channels
    • Leveraging on process improvement techniques and tools to enhance AML/CFT processes
    • How to independently test AML/CFT controls design and operating effectiveness
    • Overcoming problems faced in screening and transactions monitoring
    • How to ensure continuous monitoring of key ML/TF risks