Director- Regional AML Compliance
Royal Bank of Canada Capital Markets
With AML monitoring costs alone expected to hit US$37b for 2018 across top-tier banks and capital markets firms, compliance remains a significant cost for Financial Institutions across the globe. A key facet of compliance monitoring are an organisation’s KYC and transaction monitoring processes, which aims to identify and red-flag high risk customers to prevent financial crime before it can be committed. This session will focus on best practice in optimising your KYC procedures and transaction monitoring as they relate to institutional customers, as well as adapting to the specific risk demands of a capital markets operating environment.
· Optimising KYC processes for institutional clients
· Improving monitoring efficiency to reduce compliance costs
· Better understanding the risk profile of operating in capital markets