ADB Data Room: Managing Financial Crime Risks
05 March 2024 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:
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 05 Mar 2024 | Derisking: Correspondent Banking and the Practical Approach to Anti Money Laundering and Combating the Financing of Terrorism | ||
| 05 Mar 2024 | 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 trends... |
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| 05 Mar 2024 | 19 March 2024 |
Customer Due Diligence Process This session provided practical insights into establishing robust CDD frameworks, conducting thorough customer risk assessments, and implementing best... |
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| 05 Mar 2024 | 26 March 2024 |
Sanctions and Terrorist Financing This session delved into the complexities of regulatory compliance and risk mitigation strategies surrounding sanctions regimes, terrorist financing threats... |
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| 05 Mar 2024 | 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 risks, ... |
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| 05 Mar 2024 | 09 April 2024 |
Transaction Monitoring This session explored the dynamic landscape of detecting and preventing financial crime through effective transaction monitoring strategies and delved... |
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| 05 Mar 2024 | 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 mitigating bribery... |
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| 05 Mar 2024 | 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 regulatory compliance... |
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 06 Mar 2024 | E-learning |
| Date | Session / Activity | Presentation Material | Speaker(s) |
|---|---|---|---|
| 07 Mar 2024 | Reference Links |