OPEN FISHBOWL - Rights vs. Risks: The De-Risking Dilemma
For this “fishbowl” session, audience members who raise their hand, figuratively speaking, beforehand will be invited to take a guest turn on stage and share their take on the topic. Step up – literally – and help lead this thought-provoking discussion, made richer by your participation.
New government standards are emerging on how to deal with high-risk clients, amid pushback in the UK and other places about protecting customers’ rights. Financial institutions must perform a delicate balancing act in many cases. This expert panel will present a comprehensive blueprint on how your institution can manage this particular category of customers.
You will learn how to:
- Evaluate your enhanced due diligence procedures for PEPs
- Institute regular reviews of PEP risk management
- Avoid what FATF has called the “unintended consequences” of de-risking
Moderator:
Rajeev Ahya, CAMS, Global Head of Anti-Financial Crime Education, Deutsche Bank
Presenters:
Phale McMillian, Head of Financial Crime Risk Management and Deputy Group Chief Financial Crime Risk Officer, NatWest
Jules Verlinden, AML, CTF and Sanctions Officer - Europe and Africa, Global Business Lines, Rabobank
Monika Wieczorkowska, Head of Financial Crime Compliance Group Compliance, Danske Bank A/S