AML and Economic Sanctions Update 2023

In light of the unprecedented multilateral sanctions against Russia, there has been an increased focus on sanctions and broader risk compliance efforts, including anti-money laundering (AML) requirements. Recent developments in the international AML landscape, such as those in Cayman Islands, have emphasized the critical role of compliance, and the need to adapt risk assessment considerations in response to these evolving events. Financial services firms will also need to consider issues beyond the immediate concerns stemming from sanctions against clients, counterparties, and heightened market volatility.

What impact will these have on businesses and the regulatory expectations of senior management and compliance officers?

Gain insights on how to navigate these complex issues from a compliance perspective, as our panel of speakers delves into the following hot-button topics:

• Regional AML/CFT landscape: What can Hong Kong, Singapore and Asia expect?
• Updates on Ukraine and economic sanctions
• Board and Senior Management (BSM) oversight and risk and control functions
• Politically Exposed Person (PEP) and Controllers of Trusts considerations
• Cayman Islands AML regime

Event Details

Date: Tuesday 25 April 2023

Time: 9 to 10am HKT/SGT

Format: Hybrid event

Cost: US$20 – Zoom webinar, HKD350 – In-person event (Includes light breakfast)

CPT credit: 1 CPT hour for attendance

Registration closes Friday 14 April 2023

• Click here to register for the Zoom webinar
• Click here to register for the in-person briefing event

Please contact Cherry Ng at cherry.ng@complianceasia.com for questions about the event.