The fourth of the AML/CFT Webinar Series 2019 jointly organized by ABA and Fintelekt Advisory Services was successfully held on December 4, 2019. Focusing on “New Payment Systems and Inherent AML Risks”, the webinar drew the interest of 176 bankers from all over Asia who registered for the one-hour session.
During the webinar, Arpita Bedekar, Director – Marketing, Fintelekt Advisory Services was in conversation with Russell Wilson, Special Counsel, Maddocks and Non-Executive Director, Transparency International, Australia on how financial institutions can utilize technology to strengthen safeguards against ML/TF in real time payments as well as discussed the expectations from regulators and banks concerning the evolving payment system.
The other expert speaker was N.M. Eftakharul Alam Bhuiya, Head Legal and Compliance, and Company Secretary, Nagad, Bangladesh, who discussed the necessity of financial inclusion to achieve a successful payment system.
The speakers also elaborated on the role regulators play in the emerging payment system and the ways to approach its implementation. Other issues discussed were challenges of oversight and supervision given the risk inherent in the global market.
The video presentation of the webinar can be accessed in the ABA Youtube channel HERE.
The webinar’s presentation in PDF format can be downloaded HERE.
The review test link was mailed directly to the registered participants.
Registered participants who answer the test before December 13 will receive a Certificate of Participation.
The 4th webinar session was led by two prominent experts:
Russell Wilson, Special Counsel, Maddocks and Non-executive Director – Transparency International Australia
M. Eftakharul Alam Bhuiya, Head of Legal & Compliance and Company Secretary, Nagad, Bangladesh
Ms. Arpita Bedekar, Director – Marketing, Fintelekt Advisory Services and Moderator of the 4th webinar.
Fintelekt Advisory Services is a specialist in research, training and advisory on Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) in Asia. It produces industry research, fosters dialogue and creates opportunities for knowledge sharing between senior executives from banking, financial services and insurance.