AML/CTF Annual Summit Philippines 2021

Summits

AML/CTF Annual Summit Philippines 2021

November 22-26, 2021

November 22nd – 26th, 2021 (Virtual Event)
9.00 am to 4.00 pm Philippine Standard Time

Following the recent identification of the Philippines as “Jurisdiction under Increased Monitoring” with serious AML/CTF deficiencies, the AMLC Philippines and other involved government agencies have undertaken a variety of capacity building initiatives and efforts involving stakeholders. These initiatives have already addressed a breadth of concerns noted in the 2019 Mutual Evaluation report by the Financial Action Task Force, and subsequent follow-up reviews.

To continue its progress in plugging gaps in implementing measures against money laundering and terrorism financing, the importance of co-operation between all actors on the national and global level in fighting money laundering and terrorism financing cannot be emphasized enough.

The AMLC-Fintelekt AML/CFT Annual Summit 2021, held from November 22 to 26, 2021 aimed to support this ongoing effort in the Philippines by providing a forum for all stakeholders to discuss strategic priorities and expected efforts towards positive and tangible progress. The summit delivered the most up-to-date information and emerging best practices in AML/CTF from global experts and practitioners.

Agenda

Day 1 : November 22, 2021 (Monday)

9:00 am

Welcome Note

Shirish Pathak, Managing Director, Fintelekt Advisory Services

9:15 am

Keynote Address

Benjamin E. Diokno, Ph.D., AMLC Chairman, Governor of the Bangko Sentral ng Pilipinas

9:30 am

Special Address

Atty. Mel Georgie B. Racela, Executive Director, Anti-Money Laundering Council Secretariat

9:45 am

Targeted Financial Sanction Obligations for Terrorist Financing (TF) and Proliferation Financing (PF)

Nicholas Turner, Of Counsel, Steptoe & Johnson

10:45 am

The Role of Culture and How Should Supervisors Communicate It

Mark Nuttall, Anti-Crime Specialist and Business Generalist

12:00 pm

Lunch Break

1:30 pm

An Assessment of the Philippines’ Exposure to External and Internal Threats Based on Suspicious Transaction Reports 2018-2020

Maryliz S. Nuñez, Bank Officer V, Anti-Money Laundering Council (AMLC) Secretariat

2:30 pm

Proliferation Financing Risk Assessment

Darya Dolzikova, Research Fellow, Royal United Services Institute (RUSI)

3:30 pm

Terrorist Financing (TF) Typologies and Red-Flag Indicators and TF Investigations

Christian Kaunert
Professor of International Security, Dublin City University and Professor of Policing and Security, University of South Wales & Director International Centre for Policing and Security

Jean Monnet, Director (Centre, Chair & Network)

Day 2 : November 23, 2021 (Tuesday)

9:00 am

Virtual Asset Service Provider Supervision Trends

Chris DePow, Senior Advisor – Financial Institution Regulation & Compliance, Elliptic

10:00 am

International Cooperation on ML Investigations

Gary Hughes, Barrister, www.Law-Strategy.nz, Akarana Chambers, New Zealand

11:00 am

AML/CTF Controls on Casino Junkets

Dante T. Fuentes, Adviser, Association of Bank Compliance Officers, Inc.

12:00 pm

Lunch Break

1:30 pm

ML/TF, Financial Crime and Illicit Flows Observed during the Covid-19 Pandemic: Learnings & Recommendations

Muhammad Imran, Criminal Intelligence Officer, Financial Crimes Unit, INTERPOL

2:30 pm

Money Laundering (ML)/TF Typologies in Virtual Assets & Implementation of Travel Rule

Claire Wilson, Partner, Holland & Marie

3:30 pm

Anti-Bribery and Corruption

Sofia El Mansouri, Compliance Consultant & Founder, Compliantly LLC

Day 3 : November 24, 2021 (Wednesday)

9:00 am

Private-Public Partnership Successes/Trends

Mariano Federici, Managing Director, K2 Integrity & Former Chair of Egmont Group of FIUs

10:00 am

ML/TF Typologies for the Real Estate Sector

Lakshmi Kumar, Policy Director, Global Financial Integrity and Kaisa de Bel, Policy Analyst, Global Financial Integrity

11:00 am

Trade-Based Money Laundering

Pramod Khandelwal, Senior Faculty Member, Fintelekt

12:00 pm

Lunch Break

1:30 pm

ML Typologies in Relation to Violations of Intellectual Property Laws

Guada Vergel de Dios, Head of Compliance and Government Relations, Xendit

2:30 pm

Beneficial Ownership Registries and Accessing Beneficial Ownership Information

Matti Kohonen, Executive Director at Financial Transparency Coalition

3:30 pm

Emerging Regulations on the Use of Artificial Intelligence in Finance

Jermy Prenio, Principal Advisor, Financial Stability Institute, Bank for International Settlements

Day 4 : November 25, 2021 (Thursday)

9:00 am

Criminal Forfeiture

Suren Thapa, President & Founder, Global Intelligence Analysis Corporation, New York

10:00 am

The Role of the Financial Sector to End Slavery and Trafficking

Daniel Thelesklaf, Project Director, Finance Against Slavery and Trafficking (FAST) Initiative at United Nations University Centre for Policy Research (UNU-CPR)

11:00 am

The Evolving Drug Trade in Asia and Nexus to Pacific

Avaneesh Raman, Consultant – Fiji & Pacific, Fintelekt Academy

12:00 pm

Lunch Break

1:30 pm

AML Risks from Decentralized Finance

Nathan Catania, Partner, XReg Consulting

2:30 pm

ML/TF Monitoring of the Non-Profit Organization (NPO) Sector

Ravin Gill, Senior Policy Advisor/AML Specialist, Malaysian Companies Commission

3:30 pm

Illicit Financial Flows: Vulnerability and responsibility of the Philippines

Alex Cobham, Chief Executive, Tax Justice Network

Day 5 : November 26, 2021 (Friday)

9:00 am

AMLC Issuances: AMLA (Particularly Investigative Tools/ Techniques)

Atty. Joeshias B.Tambago, Bank Officer V, AMLC Secretariat

10:00 am

Role of AMLC in TFS

Atty. Arnold G. Frane, Acting Deputy Director, AMLC Secretariat

11:00 am

International Cooperation in Asset Recovery

Diphat Tembo, Director – Compliance and Prevention Department, Financial Intelligence Centre, Zambia

12:00 pm

Lunch Break

1:00 pm

Cross-Border Measures: The Impact of ISO 20022

Guy Sheppard, Head of APAC Financial Crime, Initiatives and Intelligence, SWIFT

2:00 pm

ML/TF Typologies for the Insurance Sector

Debmalya Maitra, Senior Director – Banking, Financial Services & Insurance, Chokshi Group

2:45 pm

AML’s Potential Intersection with Cryptocurrency and NFTs: Digital Asset Tracing and Recovery

Lara Levinson, Principal, Kobre & Kim LLP & Calvin Koo, Principal, Kobre & Kim LLP

3:30 pm

Summit Closing Remarks

Atty. Mel Georgie B. Racela, Executive Director, Anti-Money Laundering Council Secretariat
Shirish Pathak, Managing Director, Fintelekt Advisory Services

Speakers

Benjamin E. Diokno AMLC Chairman Governor of the Bangko Sentral ng Pilipinas

Atty. Mel Georgie B. Racela Executive Director, Anti-Money Laundering Council Secretariat

Shirish Pathak Managing Director
Fintelekt Advisory Services

Nicholas Turner Of Counsel, Steptoe & Johnson

Maryliz S. Nuñez Bank Officer V, Anti-Money Laundering Council (AMLC) Secretariat

Mark Nuttall Anti-Crime Specialist and Business Generalist

Darya Dolzikova Research Fellow Royal United Services Institute (RUSI)

Christian Kaunert Professor of International Security, Dublin City University and Professor of Policing and Security, University of South Wales & Director International Centre for Policing and Security & Jean Monnet Director (Centre, Chair & Network)

Chris DePow Senior Advisor – Financial Institution Regulation & Compliance, Elliptic

Gary Hughes Barrister, www.Law-Strategy.nz, Akarana Chambers, New Zealand

Dante T. Fuentes Adviser Association of Bank Compliance Officers, Inc.

Muhammad Imran Criminal Intelligence Officer, Financial Crimes Unit, INTERPOL

Claire Wilson Partner, Holland & Marie

Sofia El Mansouri Compliance Consultant & Founder, Compliantly LLC

Mariano Federici Managing Director, K2 Integrity & Former Chair of Egmont Group of FIUs

Lakshmi Kumar Policy Director Global Financial Integrity

Kaisa Bel Policy Analyst Global Financial Integrity

Pramod Khandelwal Senior Faculty Member Fintelekt

Guada Vergel de Dios Head of Compliance and Government Relations Xendit

Matti Kohonen Executive Director at Financial Transparency Coalition

Jermy Prenio Principal Advisor, Financial Stability Institute, Bank for International Settlements

Surendra Thapa President & Founder Global Intelligence Analysis Corporation, New York

Daniel Thelesklaf Project Director, Finance Against Slavery and Trafficking (FAST) Initiative at United Nations University Centre for Policy Research (UNU-CPR)