“Best Practices in AML / CFT Governance & Operations” Register now

Mumbai – The Asian Bankers Association is pleased to invite bank members to participate in the short-term visiting program on “Best Practices in AML/CFT Governance and Operations” that Fintelekt Advisory Services (Fintelekt) will host in Mumbai, India on March 7-9, 2019. Register now!


I. Objectives

The objectives of this program are to:

  • provide a strategic overview of AML/CFT governance standards and operations across different types of banking business models
  • understand critical success factors in the journey to AML/CFT compliance
  • benefit from the experiences learnt by banks in India
  • overview and learnings from some of the nation-wide initiatives adopted such as Aadhar, the national identification program, and the national common KYC registry
  • new trends and advancements in AML/CFT technology


II. Site visits

The program will consist of site visits to the following banks and institutions which follow or provide advanced standards of AML/CFT processes:


III. Goals

The goal of the above visits is to enable the participants to: (i) enhance and upgrade their management skills and knowledge in the area of anti-money laundering and countering the financing of terrorism, and (ii) gain first-hand knowledge of the procedures and learnings of the host bank’s AML/CFT compliance department.


IV. Cost

There is NO participation fee for bank members. However, participants shall cover their airfare, hotel accommodation, airport transfers and meals (some meals will be hosted by Fintelekt; details are in the program agenda).


VI. Proposed Venue

The first two days of the program will be held at the facilities of Axis Bank, HDFC Bank, Deutsche Bank India and TSS Consultancy. The third day is optional and includes a visit to the museum followed by a traditional Indian lunch hosted by Fintelekt.


VII. Accommodation

It is recommended that participants stay at any of these hotels: Hotel Grand Hyatt Mumbai, Bandra Kurla Complex Vicinity, Santacruz, Mumbai or use a travel portal such as www.booking.com

Participants are advised to book hotel rooms inclusive of breakfast, wi-fi and airport transfers.


VIII. Local transportation

Fintelekt will arrange for transportation of all participants for the bank and institution visits. Participants will be picked up from the hotel in the morning and dropped off at the hotel in the evening.


IX. Program

Wednesday, March 6
Arrival into Mumbai, India

Thursday, March 7
8.30 am:
Pick-up from hotel lobby
9.45 am to 12.30 pm: Meeting at Axis Bank Boardroom (a) Opening remarks by Shirish Pathak, Managing Director, Fintelekt (b) Presentation by Sharad Nair, Head of Anti-Money Laundering
12.30 pm to 1.30 pm: Working Lunch Hosted by Fintelekt
2.00 pm to 4.30 pm: Meeting at HDFC Bank Boardroom (a) Presentation by Ravi Lahoti, Principal Officer & Head of Anti-Money Laundering
5.30 pm: Arrival at hotel lobby

Friday, March 8
8.30 am:
Pick-up from hotel lobby
9.45 am to 12.30 pm: Meeting with Deutsche Bank India – Presentations by (a) Theresa Karunakaran, Director, Regulatory Affairs (b) Nitin Kataria, Director, Head Financial Crime, South Asia
1.00 pm to 2.15 pm: Working Lunch Hosted by TSS
2.00 pm to 4.30 pm: Meeting at TSS Boardroom (a) Presentation by Sagar Tanna, Director
6.00 pm to 8.00 pm: Cocktail Session Meeting with Fintelekt Advisory Board Members hosted by Fintelekt
8.30 pm: Arrival at hotel lobby

Saturday, March 9 (Optional Program)
8.30 am: Pick-up from hotel lobby
9.30 am to 12.30 pm: Visit to Prince of Wales Museum hosted by Fintelekt
1.00 pm to 2.00 pm: Traditional Indian Lunch hosted by Fintelekt
3.30 pm: Arrival at hotel lobby


X. FINTELEKT Contact Person

2019 0105 Fintelekt logo 01Ms Arpita Bedekar, Director – Marketing, Fintelekt Advisory Services.
Mobile: +91 8007604530

Fintelekt specializes in research, consulting and education in banking, financial services and insurance, across India, Sri Lanka, Nepal and Bangladesh and other countries in South East Asia. It produces industry research, fosters dialogue and creates opportunities for knowledge sharing between senior executives from banking, financial services and insurance.


XI. Registration

To register, please download the Confirmation Form (PDF format) and return it by fax to (886 2) 2760 7569, or e-mail to aba@aba.org.tw, before February 7, 2019.

We wish to inform you that only 12 participants will be accommodated for the program. Hence, registration will be on a first-come, first-served basis. In addition, to ensure diversity of the group, only one person from each member bank shall be admitted. The ABA encourages participant’s registration as early as possible. Should you have further questions, please write to aba@aba.org.tw


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