MINI WORKSHOP - A Powerful Tool: Risk Assessments as Business Builders
A shorter version of our hands-on, multi-hour instructional sessions, mini workshops pack an interactive learning experience into just 50 minutes. After 15 minutes of guidance from our expert panelists, you’ll confer with tablemates and then share takeaways with the entire group. In addition to gaining insights from our top-notch speakers, participants also benefit from the collective wisdom and experience of other attendees.
A Powerful Tool: Risk Assessments as Business Builder
When done properly, risk assessment is the best way for a financial institution to increase its ability to take on or manage risk through the smart use of resources. A good risk assessment program can be the foundation for a solid business strategy.
You will learn how to:
Identify challenges to embracing risk assessments as a critical part of an institution’s fiduciary responsibility
Distinguish the risk assessment characteristics specific to individual lines of business
Evaluate how a country’s risk rating change due to political instability affects an institution’s risk assessment
Assess evolving regulatory developments, including recent guidance from the UK’s Financial Conduct Authority and the European Banking Authority, and the impact of recent enforcement actions that highlight risk assessment deficiencies
Moderator:
Hue Dang, CAMS-Audit, Global Head of New Ventures, ACAMS
Presenters:
Yuri Broodman, CAMS, Chief Compliance Officer, SEB Luxembourg
Marc Fungard, Head of FinCrime, Stripe
Jaap van der Molen, Managing Director, Head of Detecting FC, ABN AMRO Bank N.V