ACAMS To Deep Dive Into Anti-financial Crime Evolution At Assembly APAC 2024

KUALA LUMPUR, April 17 (Bernama) -- Association of Certified Anti-Money Laundering Specialists (ACAMS), an international membership organisation dedicated to fight against illicit finance, will hold a two-day anti-financial crime (AFC) training and networking event beginning April 22 at Kerry Hotel, Hong Kong.

According to ACAMS in a statement, the Assembly Asia Pacific (APAC) 2024 will offer attendees expert guidance and practical insights, addressing how the region’s AFC professionals can prepare for the latest regulations and meet compliance expectations.

The event will cover timely topics, from complex sanctions that can leave financial institutions grappling with conflicts of law, to technological developments including artificial intelligence that yield new opportunities and challenges.

ACAMS Chief Executive Officer, Neil Sternthal said the event will offer invaluable insights essential for compliance professionals grappling with growing regulatory requirements and emerging illicit-finance threats that continue to reshape how AFC compliance is conducted.

"But in addition to highlighting the most significant AFC threats and revealing best practices and pathways to capacity building, the event will, importantly, facilitate meaningful conversations and networking opportunities," he said.

There will be a deep dive into APAC's evolving compliance landscape, addressing ways to prepare for the Financial Action Task Force's (FATF) fifth round of mutual evaluations, mitigate export control evasion risks, understand recent regulatory developments pertaining to virtual asset service providers (VASPs), and learn about domestic and global efforts to investigate and deter fraud.

The Assembly APAC 2024 will feature a session wherein regulators will share their views on current developments in the region. More than 50 speakers will also address timely topics such as ‘pig butchering’ and other scams, conflicts linked to sanctions and emerging geopolitical risk, and a thorough examination of Korea's Travel Rule implementation.

More information on Assembly APAC 2024 is available at https://www.acams.org/en/events/the-assembly/the-assembly-apac.

-- BERNAMA