Global AML & Sanctions Fines 2008 – 2018: Assessing the Impact
The APAC region, home to over 40+ regulators, is one of the most complex jurisdictions in terms of regulatory compliance. Over the last ten years, the region, as a whole, has levied a total of $609 million in AML, KYC and sanctions fines.
Following on from the 2008 financial crisis and subsequent high-profile scandals, global regulators are increasingly putting banks’ AML and KYC procedures under the microscope. This is clearly reflected in the significant monetary penalties that have been imposed on financial organizations in the APAC region and worldwide for anti-money laundering violations.
Drawing on ten years of AML, KYC and sanctions fines data research of the APAC region, Fenergo has conducted an in-depth analysis of anti-financial crime penalties levied on banks worldwide due to non-compliance. In this webinar, you will learn:
- The regulators that have most form for financial penalties;
- The emerging trend of AML fines – and where they are heading in the future;
- The international jurisdictions that have faced most scrutiny and the countries we expect to come under increasing scrutiny in the future;
- How the latest technologies can help in the fight against financial crime (and regulator penalties).
Our market experts, will also answer any audience questions via our pre-event poll and real-time Q&A session. For further information and queries please feel free to contact us at [email protected].
Conor Coughlan, Global Head of Marketing, Fenergo
Conor leads Fenergo's global marketing, public relations, and business development strategy and teams. He previously worked for Thomson Reuters for 6.5 years leading the marketing for their investment, data and risk businesses. He is also a top 10 #Regtech influencer.
Laura Glynn, Director of Global Regulatory Compliance, Fenergo
Laura has significant knowledge and experience in the areas of risk and compliance. Having worked with hedge, mutual and private equity products across multi-jurisdictional platforms, Laura has developed a strong competency in AML and regulatory compliance.
Rachel Woolley, Regulatory Consultant, Fenergo
Rachel has over 10 years’ experience in the Financial Services industry having worked primarily in the funds industry and retail banking. She has a strong background in regulatory compliance, particularly in the areas of anti-money laundering and counter terrorist financing (AML/CTF).