Dealing with Clients in High-Risk Sectors
About this event
TCAE is excited to invite Matt McGuire, Co-Founder and Practice Leader of The AML Shop, to share his insights on the topic ‘Dealing with Clients in High-Risk Sectors’. Finance Canada, FinCEN and the FATF have acknowledged that financial exclusion of businesses has been a pervasive unintended consequence of anti-money laundering measures. Financial exclusion has led to alternative financial services arrangements outside of which exacerbate the perceived anti-money laundering risks associated with certain sectors – even where those risks don’t apply uniformly across them. This session will explore the key sectors for which there is apparent consensus about high risk, the factors that contribute to that risk, and how financial institutions with mature compliance programs can monitor and manage those risks. This Knowledge Series session is proudly sponsored by MNP who have been avid supporters of TCAE since its inception. Please note that by registering for this event you are agreeing to share your information and contact details with our sponsor MNP and that MNP may contact you with additional information, including via email. If you have any objections in this regard please contact [email protected] to note your concerns. You always have the right to unsubscribe from any communications you may receive from MNP.
- Understanding of the evolution of financial exclusion as an unintended consequence of international AML measures, and its harms
- Knowledge of key high-risk sectors, and contributing factor
- Upper-range practices for high-risk business risk assessment and management