Heightened Risks in AML – Can Harmonising Regulation and Shifting Focus on Digital Risk Indicators Help?
About this webinarOn 7 May 2020, the European Commission published its ‘Action Plan for a comprehensive Union policy on preventing money laundering and terrorist financing’. This webinar will look at potential changes in the legal setting in the EU, following the EU Commission’s consultation, notably what aspects of current AML/CFT regulations should be harmonised in a Regulation. We will also consider the issues that should inform the setting up of a new EU AML supervisor. Panelists will examine how a new institutional framework must address the impact of digital accelerations in financial services on the AML community, and assess growing issues related to innovations including FinTech and cryptocurrencies. Learning Objectives:
- Learning about the potential changes in the legal setting in the EU, around AML/CFT regulations
- Discovering what the new regulations mean for compliance officers
- Detailing the changing nature of FinTech with a focus on Cryptos