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FATF Webinars on Money Laundering and Terrorist Financing and COVID-19

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The Financial Action Task Force (FATF) is organising two webinars, on Thursday 30 July 2020 and Friday 31 July, to discuss money laundering and terrorist financing in relation to COVID-19.  Both events are open to the public and private sector. Recordings of the webinars will also be published on the FATF website.  


After a brief update on risks reported by FATF and FSRB members and observers, representatives from Australia, Mexico, Interpol and Europol will provide updates and different perspectives on the key money laundering (ML) and terrorist financing (TF) risks to be aware of and discuss key issues including:

    • How has COVID-19 changed the criminal economy and what key threats and vulnerabilities are we seeing at the national, regional and international levels?
    • What medium to long-term risks do we see emerging from the COVID-19 crisis?
    • What are some good practices and strategies the public and private sectors can put in place to manage the changing risk environment?

 Moderator:

    • Daniel Thelesklaf, former Chair (MONEYVAL) and outgoing co-chair of the FATF Risks Trends and Methods Working Group

Panellists:

    • Chris Collett, Deputy CEO Intelligence, AUSTRAC (Australia)
    • Elisa de Anda Madrazo, Director-General, Ministry of Finance and Public Credit (Mexico)
    • Ian Pemberton, Criminal Intelligence Officer, Financial Crimes Unit, Interpol
    • Gilbert Berk, Head of Unit, Expertise and Stakeholder Management, European Financial and Economic Crime Centre, Europol

Registration:

To register for the session on Covid-19 and the Changing Money Laundering and Terrorist Financing Risk Landscape on Thursday 30 July from 13:00 to 14:30 CET (GMT+2), click here: https://us02web.zoom.us/webinar/register/WN_aTU2l-TOTGqwFtQxKXEmxg. 

 

After a brief update on risks, challenges and other relevant issues related to ML/TF detection reported by FATF and FSRB members and observers, experts representing national financial intelligence units, regulators and the private sector will share their views on topics including:

    • How has COVID-19 affected day-to-day financial activity and how are national authorities and the private sector adapting ML/TF detection capabilities in a rapidly evolving environment?
    • How have national authorities and the private sector dealt with challenges to ensure business continuity so that ML and TF activity continues to be detected?
    • What are some of the medium to long-term issues facing the anti-money laundering/counter terrorist financing (AML/CFT) community and what lessons can we learn from the impact of the pandemic?

Moderator:

    • Daniel Thelesklaf, former Chair (MONEYVAL) and outgoing co-chair of the FATF Risks Trends and Methods Working Group  

Panellists:

    • Marcus Wogart, Global Head of Financial Crime Compliance, Retail Bank and Wealth Management, HSBC Group
    • William Fox, Managing Director, Global Head of Financial Crimes Compliance, Bank of America
    • Valerie Tay, Executive Director, Anti-Money Laundering Department, Monetary Authority of Singapore
    • Hennie Verbeek-Kusters, Chair of the Egmont Group of Financial Intelligence Units and Head of the Financial Intelligence Unit (the Netherlands)   

Registration:

To register for the webinar on the Impact of COVID-19 on the Detection of Money Laundering and Terrorist Financing, on Friday 31 July from 13:00 – 14:30 CET (GMT+2), click here: https://us02web.zoom.us/webinar/register/WN_37R36DQaRTiAXSL2tzgI-A

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