Anti Money Laundering 5th Annual Summit (Nepal) 2020

Summits

Anti Money Laundering 5th Annual Summit (Nepal) 2020

January 29, 2020

Wednesday, January 29, 2020
9.00 am to 5.00 pm,
Aloft Thamel, Kathmandu

The 5th Annual AML Summit in Nepal, in association with the National Banking Institute (NBI), provided a fillip to the existing dialogue in the country towards leveraging the strengths and recognising improvement areas in Nepal’s AML/CFT regime through knowledge sharing on latest tools, techniques, processes and technologies. It was a full day programme consisting of presentations and panel discussions involving regulators, senior bankers and compliance officers from leading banks in Nepal.

Agenda

9.00 am – 9.30 am

Registration and Tea/Coffee

9.30 am – 10.00 am

Opening Remarks

Mr. Kumar Lamsal, Chief Executive Officer, NBI

10.00 am – 10.30 am

AML and Regulatory Compliance Global Trends

Mr. Shirish Pathak, Managing Director, Fintelekt Advisory Services

10.30 am – 10.45 am

Tea/Coffee Break

10.45 am to 11.45 am

Key Considerations in Automated Transactions Monitoring

Mr. Samir Bhatankar, Head of AML & KYC Operations, IDFC First Bank Limited, India

11.45 am to 12.45 pm

Executive Panel Discussion: Improving the Effectiveness of Bank’s AML/CFT Programmes

How can the bank make its policy, technology and people better aligned to regulatory expectations?
How to improve effectiveness vis-à-vis technical compliance
What are the AML priorities of business leaders?
How can leaders create a culture of compliance within the bank?(Including Q&A)

Panelists
Ms. Theresa Karunakaran, Director Compliance – Regulatory Affairs, Deutsche Bank AG, India
Mr. Ramu Poudel, Executive Director, Non Banking Supervision, Nepal Rastra Bank
Mr. Bhuvan Kumar Dahal, Chief Executive Officer, Sanima Bank

Moderator
Mr. Shirish Pathak, Managing Director, Fintelekt Advisory Services

12.45 pm – 1.30 pm

Networking Lunch

1.30 pm to 2.30 pm

Best Practices for Identifying Ultimate Beneficial Ownership

Ms. Theresa Karunakaran, Director Compliance – Regulatory Affairs, Deutsche Bank AG, India

2.30 pm to 3.15 pm

Risk Based Approach in AML/ CFT

Mr. Ramu Poudel, Executive Director, Non Banking Supervision, Nepal Rastra Bank

3.15 pm – 3.30 pm

Tea/Coffee Break

3.30 pm to 4.00 pm

Improving the Preparedness for Nepal’s Next Mutual Evaluation

Mr. Hari Nepal, Deputy Director, Nepal Rastra Bank, AML Cell, Ministry of Finance

4.00 pm to 4.45 pm

Panel Discussion of AML Compliance Heads: Trade-Based Money Laundering

Discussion on latest TBML typologies
Challenges faced by compliance officers
Sanctions screening for trade transactions
Enhanced trade due diligence (Including Q & A)

Panelists
Mr. Pramod Kumar Dahal, Chief Internal Audit & AML/CFT Officer, NMB Bank Ltd.
Ms. Bandana Thapa, Compliance Department, Nepal Investment Bank Ltd.
Mr. Netra Subedi, Head of Financial Crime Compliance, Standard Chartered Bank Nepal Ltd

Moderator
Mr. Hari Nepal, Deputy Director, Nepal Rastra Bank, AML Cell, Ministry of Finance

4.45 pm – 5.00 pm

Closing Ceremony