header photo

Anti-Money Laundering - 8th Annual Summit 2018

Vivanta by Taj President
Mumbai, India

In its 8th year, India’s flagship conference on Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) will be held over two days in Mumbai.

The summit will cover the latest national and regional trends and serve as an exclusive platform for dialogue between regulators, financial industry practitioners and consultants on various aspects of AML and CFT.

"I request all AML officers to create a culture of compliance within their organisation, without which compliance will be merely technical and will not move to qualitative compliance."
Manoj Kaushik, IPS, Additional Director, FIU - India @ Fintelekt 7th Annual AML Summit 2017, Mumbai

"The role of AML compliance officers in staying ahead of the perpetrators of money laundering and terrorist financing, is becoming increasingly complex. Breaking down silos within organisations will be critical towards information and knowledge sharing for fighting the perpetrators of crime."
Vikas Tandon, Global Head - AML Risk & Control, Citibank
@ Fintelekt 7th Annual AML Summit 2017, Mumbai

8.30 am – 9.30 am

9.30 am – 9.45 am

Welcome Note

Shirish Pathak
Managing Director
Fintelekt Advisory Services

9.45 am to 11.00 am

Keynote Address followed by Q&A Session

Pankaj Kumar Mishra
Financial Intelligence Unit India (FIU-IND)


11.00 am – 11.30 am

Presentation: The Future of Compliance Screening – Are You Ready?

Saurabh Nagar
Regional Manager, Business Solutions Group, APAC

11.30 am – 11.45 am
Tea/Coffee Break

11.45 am – 12.15 pm

Presentation: The Need for Improved Public/Private Sector Information Sharing in the Fight Against Financial Crime

Phil Cotter

Managing Director
Thomson Reuters Risk & Supply Chain

12.15 pm – 12.45 pm
Presentation by Bureau van Dijk

12.45 pm – 2.00 pm
Networking Lunch

2.00 pm – 2.45 pm

Presentation: What to Consider in an AML Compliance Audit / Assessment

Pushpendra Sharma

Head of Compliance
RBL Bank

A regular AML audit or independent assessment is critical to determine whether an organisation’s AML programme delivers on its planned objectives, apart from meeting regulatory obligations. However, time and cost considerations often weigh heavily on the quality of AML audits. The session brings in practical advice and critical success factors in terms of making the most of an AML audit, as well as common pitfalls that can be avoided.

2.45 pm – 3.00 pm

Presentation: Elements of an Effective STR

Ravi Lahoti
Principal Officer and Head AML
HDFC Bank 

An STR (or SAR) is often considered as the heart of an AML compliance programme and forms the foundational input on the basis of which law enforcement agencies begin their crackdown on criminals. However, the quality of STRs remains a subjective issue, with regulators and law enforcement agencies often expecting more from reporting entities. The session will focus on what constitutes a good STR and how to improve the quality of an STR within the constraints of limited analyst time and resources.

3.00 pm – 3.30 pm
Tea/ Coffee Break

3.30 pm – 4.30 pm
Presentation: Risk Assessment of Suspicious Transaction Reports for Effective Utilisation and Management

Additional Director General
Directorate of Risk Assessment
Government of India



9.30 am – 10.30 am
Parallel Tracks

Parallel Session (A):
Trade Based Money Laundering

Key Issues:

  • Latest trends and typologies
  • Regional developments and their impact on TBML monitoring
  • The importance of industry co-operation and what more can be achieved

Parallel Session (B):
Strengthening the AML Compliance Framework in Non-Banking
Finance Companies (NBFC)

Key Issues:

  • Key AML compliance challenges for NBFCs
  • Addressing limited awareness around PMLA guidelines
  • The role of technology and training in effective compliance


Pankaj Malik
CFO and Chief Compliance Officer and
Company Secretary
Fullerton India


Sagar Tanna 
Co Founder
TSS Consultancy P Ltd. - TrackWizz 


KV Srinivasan
Director and Chief Executive Officer
Profectus Capital 


10.30 am – 11.00 am
Tea/ Coffee Break

11.00 am – 12.00 noon
Parallel Tracks

Parallel Session (A):
Improving AML Investigations

The session will features experienced investigators who will highlight best practices around improving communication and co-operation between different departments within the organisation, addressing gaps in the system, enhancing monitoring capabilities and providing relevant training to AML staff.

Prasun Singh
Chief of Internal Vigilance

Kamalakar Nayak
Chief Compliance Officer
IDFC Bank 


Parallel Session (B):

Red Flag Indicators for AML Compliance in Insurance
Expert speakers from Insurance companies will present on the latest trends and typologies and corresponding red flag indicators for effective AML compliance.

Debmalya Maitra
Sr Director - BFSI, Chokshi Group; 
Partner - Chokshi & Co; 
Advisory Board Member, Fintelekt


Sunder Krishnan
Executive Vice President & CRO
Reliance Life Insurance


S Swaminathan
Senior Vice President, Legal & Compliance and Company Secretary
Tata AIA Life Insurance

Vikas Anand
Chief Compliance Officer
Canara HSBC OBC Life Insurance


12.00 noon – 1.00 pm
Parallel Tracks

Parallel Session (A):
Human Trafficking and Slavery 

Banks and financial institutions have a moral obligation to detect and report money laundering, and their monitoring efforts can have a huge impact on people’s lives especially when humanitarian crimes such as human trafficking, slavery and child abuse are involved. The session will highlight some of the latest trends and will discuss emerging methods in detecting and preventing such crimes.

Parallel Session (B):
Red Flag Indicators for AML Compliance in Mutual Funds and Capital Markets 

Expert speakers from Mutual Fund and Capital market companies will present on the latest trends and typologies and corresponding red flag indicators for effective AML compliance within these sectors.

John Mathews
Executive Vice President
HDFC Asset Management


Bhalchandra Y Joshi
Senior Vice President, Head Service Delivery and Operations Excellence
Reliance Mutual Fund


​1.00 pm – 1.45 pm
Networking Lunch

1.45 pm – 2.15 pm
Presentation: Artificial Intelligence and Machine Learning 

Prashant Muddu
Chief Executive Officer and Managing Director
Jocata Financial Advisory and Technology Services 


2.15 pm – 3.15 pm
Regulatory Technology (RegTech)

Riding on the Fintech wave, RegTech companies are bringing in innovative solutions globally to address AML challenges of banking, financial services and insurance companies. This interactive panel will see Indian RegTech companies present their innovative solutions and use cases.

Suniti Nanda
Fintech Officer
Maharashtra IT Corporation Ltd


3.15 pm – 3.45 pm
Presentation: Aligning AML Compliance and Financial Inclusion Objectives

The presentation will focus on challenges in on-boarding customers from financially weaker sections, the role of technology in simultaneously enhancing AML and financial inclusion and the role of regulation and the regulatory sandbox in promoting financial inclusion.

3.45 pm – 4.15 pm
Tea/ Coffee Break

4.15 pm – 4.45 pm
Presentation: Central KYC Registry in India

Sagar Tanna

Co Founder
TSS Consultancy P Ltd. - TrackWizz

The presentation will provide an introduction to CKYCR, coverage and obligation of reporting entities. It will also cover the positive impact of these developments on digital customer on-boarding, opportunities to generate new business and assistance that it provides in risk mitigation, as well as differentiating factors between Aadhaar EKYC and CKYC.

4.45 pm – 5.30 pm
Valedictory Address - How can Technology be Leveraged by the Financial Sector to Detect and Curb Money Laundering in the Country

Sanjeev Singh
Additional Director General - Systems
Directorate of Income Tax
Government of India


5.30 pm
Closing Session and Vote of Thanks

Banks, Financial Institutions, Mutual Funds, Insurance, NBFCs and Other Reporting Entities

Registration Fee per Delegate:
INR 11,500 + 18% GST

Technology Suppliers, Consulting Firms, Others

Registration Fee per Delegate:
INR 23,000 + 18% GST

The registration fee includes tea/coffee and lunch on both days of the conference, as well as conference material. Please note that the delegate pass will not be transferable. Registrations will close on October 19, 2018.

To register and pay online, please click the link below:

To request an invoice to process your registration and make payment by NEFT / RTGS / Bank Transfer, please contact Prasanna Yadav at or at +91 9689003720

Gold Partners


Silver Partner


Technology Partner

Support Partner

Online Media Partner