Agenda

Take a look at the hot topics to be discussed by our expert industry thought leaders over the course of the two days.

All timings are in CET

Click to expand each session below to find out more.

DAY ONE:

During the first part of this two-day event, we will be opening the conference with industry experts discussing topics including Terrorist Financing, 6MLD and Behavioural Compliance. 

Click to expand each session below to find out more.

SESSION ONE : 11.00 - 11.40am CET

Emerging risks in money laundering and terrorist financing

With financial criminals using ever more sophisticated methods to evade detection, there is an increasing need for financial crime compliance practitioners to adopt an intelligence-led approach in order to understand, detect and manage emerging risks. Key to this is the sharing of information between public and private partners, and the deployment of network tools to improve detection capabilities.

This session will outline the specific money laundering and terrorist financing threats and vulnerabilities currently facing Nordic banks and will discuss the insights gained since the launch of the Swedish Anti-Money Laundering Initiative (SAMLIT), as well as future positive developments expected to result from the initiative. 

David Gilchrist, Head of Complex cases and Intelligence, Danske Bank
Sven Kivvistik, Head of GSI Investigations, Anti-Financial Crime, Swedbank
Ilze Znotina, Head of Latvia FIU, Financial Intelligence Unit, Latvia
Lev Yuriditsky, Head of Intelligence,  Sqope S.A

SESSION TWO: 11.45 – 12.25pm CET

Complex investigations: From theory to practice

As financial crime threats increase in number and complexity, financial institutions must take a more proactive attitude towards the identification and investigation of such threats, using an intelligence-led approach. This practical session will suggest novel ways of thinking about investigations and will discuss different types of proactive investigations and their triggers, as well as considering how such investigations fit into a larger framework, aligning with identified risks. It will include a detailed case study outlining how to put these concepts into practice.

David Gilchrist, Head of Complex cases and Intelligence, Danske Bank

SESSION THREE: 12.35 – 1.15pm CET

6MLD implementation: Implications and opportunities

5AMLD

  • Have the rules around beneficial ownership made a difference?
  • Why are jurisdiction still struggling to be compliant?
  • Consider the challenges the managing beneficial ownership data represents Challenges for the regulated sector

6AMLD 

  • A look to the future with the new Anti Money Laundering Authority
  • That is the new Anti Money Laundering Authority (known as AMLA)
  • How will this work alongside the existing directives
  • The future of combatting money laundering within the EU and what the Nordic/Baltic region can learn!

Hugo Veazey, Director, Anti-Financial Crime Solutions, Moody's Analytics
James Wood-Rickett, Global Lead, AML. International Compliance Association
Graham Barrow, Director, Dark Money Files

SESSION FOUR: 1.20 – 2.00pm CET

Behavioural compliance

  • How can compliance leaders develop their 'influencing skills'?
  • How to influence the business
  • Soft skills and influencing at senior level
  • How to influence behaviours

Paul Eccleson, Governance, Risk and Compliance Consultant, Gail Bragg Consulting Ltd

SESSION FIVE: 2.05pm – 2.50pm CET

Conduct risk: From behaviours and outcomes towards social purpose?

Regulators are taking an ever-keener interest in behaviours, outcomes and organisational purpose which, mirrored by society’s evolving expectations of financial services providers, is placing conduct risk high on the compliance agenda. COVID-19 has only served to exacerbate existing concerns regarding the financial sector’s impact on consumers and society. For example, greater attention has been placed on the protection of vulnerable customers; ESG issues have risen sharply up the regulatory agenda; while in the UK the regulator has introduced a ‘consumer duty’, more clearly articulating firms’ obligations. Are such trends temporary or do they signal a further direction change for regulators? 

In this session, Rhodri Kettle, ICA Global Lead – Governance, Risk and Compliance, will discuss these developments and their implications for the management of conduct risk across the region.

SESSION SIX: 2.55pm - 3.35pm CET

EU Whistleblowing regulations: practical insights
You can expect practical insights on:
Whistleblowers' rights Minimalistic versus best practice approach 

  • Group versus local approach
  • Centralized versus decentralized policies
  • The best implementation timing
  • What to consider when setting up a reporting channel
  • Reporting functionalities to look out for
  • How to interpret the case governance principles
  • The best practice ethics organization
  • A solution to avoid rights abuse
  • How the reversed burden of proof can be triggered
  • Documentation and information duties
  • The extraterritorial effect outside the EU
  • The main risk of non-compliance

Frank Staelens, Managing Director, Whistleblowing Management EU

DAY TWO:

The final day of this impactful event will focus on Regulation of Virtual Assets, ESG and Sanctions Trends amongst many other topics. 

Click to expand each session below to find out more.

SESSION ONE : 10:00 – 10.40am CET

Regulation of virtual assets

  • What is the approach taken to the regulation of virtual assets in the Nordics?  
  • What is the attitude of banks with regard to crypto (derisking vs embracing)? 
  • The presentation will also draw on the outcome of FATF public consultation draft guidance on a risk-based approach to virtual assets and virtual asset service providers 

Malcolm Wright, Chief Compliance Officer, GDF

SESSION TWO: 10.45 – 11.35am CET

ESG

ESG is rapidly rising up the corporate agenda, through a combination of: 

  • Increased consumer and investor awareness and activism. For example, there has been a major uptick in social conscience in the Nordics with the widespread appreciation that much of the regions wealth has come from the exploitation of natural resources. 
  • Mounting regulatory expectations with regard to financial institutions’ understanding of their exposure to non-financial risks (e.g. including climate risk); their ability to integrate these risks into their governance and risk management frameworks; and their reporting of these risks to regulators, investors and consumers. 

What is current best practice across the Nordic region with regard to ESG issues, and what steps should compliance practitioners be making to keep their organisations on top of this fast-moving area and how is this influenced by ethical decision making??

Jonathan Pert – ESG Offering Specialist, OneTrust
Anna Romberg, Executive Vice President Legal, Compliance & Governance, Getinge
Pekka Dare, Vice President, International Compliance Association

SESSION THREE: 11:40 – 12.20pm CET

Panel: Sanctions trends

Sanctions, the Baltics and the Russia dimension:

  • Thematic sanctions and the speed with which these are being applied
  • The need to educate the organisation on sanctions risk in order to adopt a risk-based approach
  • Emerging sanctions risk topics

Antoine Stoll, Acting Head of Sanctions Response Unit - Group Financial Crime Prevention, Nordea
Tapani Holopainen, Chief Compliance Officer, Head of Group Sanctions Advisory, Nordea
Maddalena Tovazzi, SME in Sanctions Risk Management, Nordea
Louie Vargas, Principle Compliance Officer, Sanctions Control and Technology, Danske Bank
Sophio Tabatadze, VP Sanctions Compliance Nordics, Citibank Europe

SESSION FOUR: 12.30 – 1.10pm CET

'The need for speed' - Changing the pace of  AML Transaction Monitoring 

Around the world, we are seeing regulators demanding faster turnarounds for suspicious activity reporting, with some even pushing for real-time AML TM. Whilst this has already been adopted in the PSP/MSB space, this is a significant new development for financial institutions.  

 The shift will affect the way analytics and reviews are set up, and create new requirements for technology and systems.  

 This session will look at: 

  • Possible migration paths for implementing a more proactive AML TM approach  
  • The technical and practical considerations for moving away from monthly batch runs  
  • How innovation can be brought into the AML space while meeting regulatory requirements - a real balancing act 

Araliya Samme, Head of Financial Crime, Featurespace

SESSION FIVE: 1.15pm – 2.00pm CET

KYC utilities

  • The Nordic region has been amongst the first movers in developing a centralised KYC database
  • What have been the challenges and opportunities of this development from the perspective of financial institutions and compliance practitioners?
  • What developments are on the horizon?

Katja Laurila, Head of Client and Case Management, Invidem
Morten Host, Senior Project and Programme Manager, Nordea
Stuart Gilliland, Head of KYC, Nordea

 

https://nordic.int-comp.org/eventsone-tickets