ADB Data Room: Managing Financial Crime Risks 5 March to 23 April 2024 Across the globe, financial institutions are tightening their controls to combat money laundering and financial crimes, and the Pacific region is no exception to this global imperative. Our reliance on correspondent banking for international trade necessitates a proactive approach to fortify our financial systems. Amid the pressing concerns surrounding financial crime and its implications, on March 5, 2024, the Asian Development Bank’s (ADB) Finance Sector Office organized a series of seven webinars to build the capacity and effectiveness of our compliance frameworks. Program and Learning Materials 05 March 2024 06 March 2024 07 March 2024 Session / Activity Title Speaker(s) Derisking: Correspondent Banking and the Practical Approach to Anti Money Laundering and Combating the Financing of Terrorism 05 March 2024 Introduction to Correspondent Banking This session covered the fundamentals of correspondent banking, its role in global finance, risk management strategies, and the latest industry… 19 March 2024 Customer Due Diligence Process This session provided practical insights into establishing robust CDD frameworks, conducting thorough customer risk assessments, and implementing… 26 March 2024 Sanctions and Terrorist Financing This session delved into the complexities of regulatory compliance and risk mitigation strategies surrounding sanctions regimes, terrorist… 02 April 2024 Enterprise-Wide Risk Assessment This session focused on the process of developing a comprehensive EWRA framework tailored to an organization's unique needs - how to prioritize… 09 April 2024 Transaction Monitoring This session explored the dynamic landscape of detecting and preventing financial crime through effective transaction monitoring strategies and… 16 April 2024 Anti-bribery and Corruption This session explored the evolving landscape of anti-bribery and corruption laws, global enforcement trends, and practical strategies for… 23 April 2024 Suspicious Transaction Investigation and Reporting This session delved into the critical role that clear, comprehensive reports play in facilitating effective investigations and ensuring… Session / Activity Title Speaker(s) E-learning Session / Activity Title Speaker(s) Reference Links Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Event Coordinator/s Afif Haider Claire Odsinada ADB Organizer/s Finance Sector Office Read Also Regional : Developing Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Approaches, Methodologi Topics ADB Administration and Governance Finance