Fintelekt AML/CTF 4th Annual Summit (Philippines) 2023

Summits

Fintelekt AML/CTF 4th Annual Summit (Philippines) 2023

October 3, 2023

Tuesday, 3rd October 2023
9.30 am to 5.00 pm
Makati Diamond Residences, Manila, Philippines

Fintelekt’s Anti-Money Laundering and Counter Terrorism Financing (AML/CTF) Annual Summit 2023 aimed to provide a common forum for regulators, supervisors, covered persons and supporting stakeholders in the fight against money laundering and terrorist financing, to discuss key AML threats and compliance challenges, and practical solutions for common issues within the industry.

Agenda

9:30 am

Inaugural Session

Opening Address: AML/CTF Trends and Direction
– Shirish Pathak, Managing Director, Fintelekt Advisory Services
Keynote Address: AML/CFT Compliance Imperatives for Covered Persons in the Philippines
– Atty. Matthew M. David, Executive Director, Anti-Money Laundering Council (AMLC)
Platinum Partner Address: The Role of Artificial Intelligence in Transaction Monitoring
– Prashant Muddu, Managing Director and CEO, Jocata

11:00 am

Tea/Coffee Break

11:30 am

Sector Regulator Panel Presentations

Moderator:

Shirish Pathak, Managing Director, Fintelekt Advisory Services

Speakers:

Atty. Oliver O. Leonardo, Director – Enforcement and Investor Protection Department, Securities and Exchange Commission, Philippines
Atty. Florabelle M. Santos-Madrid, Senior Director, Financial System Integrity Department, Bangko Sentral ng Pilipinas
Atty. Dave Fermin J. Sevilla, Assistant Vice President, PAGCOR Anti-Money Laundering Supervision & Enforcement Department

1:00 pm

Lunch Break

2:00 pm

Panel Discussion: Risk-Based Approach to AML/CTF

The effectiveness of a financial institution’s AML/CTF program hinges on a robust assessment of its specific AML/CFT risks. This panel discussion will focus on the importance of an enterprise-wide AML/CFT risk assessment as a starting point to help identify the areas of risk and to develop appropriate mitigation strategies in line with a risk-based approach.

Moderator:

Arpita Bedekar, Director – Strategy & Planning, Fintelekt Advisory Services

Speakers:

Stephen Cutler, Chief Enterprise Risk and AML Officer, OmniPay, Inc.
Ma. Bernadette T. Ratcliffe, SVP and Chief Compliance Officer, Maybank
Atty. Lea Royale Kabanlit, Head of Legal & Corporate Secretary, AIA

3:30 pm

Tea/Coffee Break

4:00 pm

Panel Discussion: Ongoing Due Diligence: Proactive Steps to Really Know Your Customer

Most financial institutions would be technically compliant with the KYC and customer due diligence regulations. But ongoing due diligence may need going beyond the letter of the law to create an ongoing profile and really ‘know the customer’. Experts and practitioners will discuss good practices and innovative approaches to customer due diligence.

Moderator:

Arpita Bedekar, Director – Strategy & Planning, Fintelekt Advisory Services

Speakers:

Brent Estrella, Group Head & Chief Compliance Officer, Rizal Commercial Banking Corporation
Atty. Guada Vergel de Dios, Head of Compliance and Government Relations, Xendit
Atty. Noel Christopher Casuncad, Chief Compliance Officer & Head of Legal, Starpay Corporation
Atty. Tina Gregorio, Deputy Chief Compliance Officer and Head of GXI Compliance, GCash