AML/CTF Annual Summit Philippines 2020
November 23-27, 2020
November 23rd – 27th, 2020 (Virtual Event)
9.30 am to 4.30 pm Philippine Standard Time
The anti-money laundering and counter-terrorism financing (AML/CTF) ecosystem of a country is under constant pressure to reinforce its legal and supervisory framework and to keep up with evolving international AML/CTF standards. This becomes critical as non-compliance brings the risk of falling into the public list of jurisdictions with strategic deficiencies in their AML/CTF systems. The dire consequences of which include de-risking and loss of correspondent banking relationships. Thus, there is a need for continuous knowledge-sharing, exposure to global best practices, and industry-level cooperation, constituting the cornerstone for progress. To enhance capacity building among regulators, intelligence agencies, law enforcement, and all sectors of covered persons, the Anti-Money Laundering Council and Fintelekt presented the AML/CTF Annual Summit Philippines 2020.
From 23 to 27 November 2020, this virtual summit brought together local and global experts to share insights to stakeholders involved in the fight against money laundering and terrorism financing, thus intensifying the AML/CTF regime of the Philippines.