Business & Economy

Thursday, 25 August 2016 17:43

TCI's Anti-Money Laundering, Fraud & Financial Crime Conference 2016

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TCI's Anti-Money Laundering, Fraud & Financial Crime Conference 2016

Financial crime is of increasing concern to most financial services institutions in SA  

In a recent IOL article; The Financial Intelligence Centre (FIC) confirmed recent warnings by accounting firm PwC that incidents of financial crime and suspicious transactions , including tax-related crime, fraud and money laundering are on the increase in South Africa.

PwC also placed a firm warning to corporate businesses that financial crime  was not only growing locally but that globally "financial institutions are also facing a sever financial crime expertise talent shortage" and that most organisations lacked enough skilled people to detect financial crime.

The South African Reserve Bank recently imposed fines ammounting to over thirty million rand on non-compliant banks for weaknesses in the banks control measures which has triggered the SA banking industry to review their own anti-money laundering controls.

There has been no better time to attend a leading industry forum such as the Anti-Money Laundering, Fraud & Financial Crime Conference to  engage with thought leadership from a number of leading firms in SA who will be discussing best practices in the fight against financial crime and steer your organisation into a fully compliant trajectory.

What the Anti-Money Laundering, Fraud & Financial Crime Conference will cover:  

The Anti-Money Laundering, Fraud & Financial Crime Conference being hosted in Johannesburg on 9 & 10 November will discuss issues about money laundering controls in the financial sector, it’ll examine and cover a broad range of AML topics such as financial surveillance and risks associated with cyber laundering and digital fraud.

The aim of this conference is to bring together experts in the banking field and other financial sectors to share their knowledge and expertise about policies and procedures designed to ensure effective implementation of anti-money laundering (AML) control measures.

Topics to be addressed

Money laundering and the ripple effect of IFRS

Exploring anti-money laundering processes and control measures

Approaches in customer identification & due diligence

AML monitoring & reporting

AML principles for correspondent banking

Transaction surveillance optimization

Sanction screening

This conference is targeted at professionals dealing with the following:  

risk management * fraud analysis * KYC & due diligence *  AML monitoring and reporting * correspondent banking * exchange control * cyber fraud investigation * policy analysis * information technology * trade finance * financial surveillance * compliance * governance * tax evasion & tax avoidance investigation * auditing * IT risk management * digital fraud * transaction banking * channel fraud investigations * forensics * accounting * customer relationship management   

Some recent SA news headlines that you may have missed:  

R30m fine: Sarb nails 5 banks after money-laundering probe

SA sees rise in mobile bank fraud

Financial crimes on the rise

SA banks look to biometrics to reduce fraud

SABRIC campaign to fight online banking fraud

Financial attacks increase by 16%    

Established in 2002, Zakheni Events and Incentive Travel cc, trading as Trade Conference International, is your all industry, but largely financial event organiser of choice. We understand industry trends and developments and have the ability to identify the right issues to bring to delegates through informative events.TCI has organised more than 300 events in the last 14 years. With the guidance of a highly experienced and guided team, TCI arranges the most up-to date conferences and exhibitions, and is well known within SADC region as well as the rest of Africa as the leading financial conferences organisers.In the past two years Trade Conferences International has offered top-class financial, insurance, information technology and marketing related conferences to the market, and would justifiably pride itself in promising delegates top notch conferences with excellent speakers in the industry. Attendees of TCI events hale from across the African continent: Kenya, Botswana, Zimbabwe, Namibia, Tanzania, Mauritius, Lesotho, Mozambique; extending to as far as the UK, Canada, Netherlands, India and even Australia.In its repertoire, it has popular annual conferences such as the Mobile Banking Southern Africa Conference,  Payments Southern Africa Conference & Exhibition, Loyalty & Rewards Conference, Channel Management Conference and the Online Retailing Conference. In 2002 alone TCI attracted more than 1200 delegates, including expert speakers from across the globe, and has followed suit in it’s years of operation.

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