Anti- Money Laundering control measures in the financial sector

Anti- Money Laundering control measures in the financial sector

Fraud and money laundering has been a difficult issue to control in most financial sectors. The Central Bank of South Africa (South African Reserve Bank) has policies and regulations that banks need to adhere to in order to avoid harsh sanctions due to non-compliance. It has been reported that penalty fines of millions of rands had been given to other South African banks for failing to implement adequate anti-money laundering controls.

In order to avoid such sanctions to be imposed in future, financial institutions need to ensure compliance with the Financial Intelligence Centre Act (FICA), implementing appropriate measures, mitigating risks and combating money laundering.

Be on the lookout for the upcoming Anti-Money Laundering Conference 2015, which will be the perfect platform to share insights and concerns associated with fraud within the financial sectors. This conference is meant for professionals who are serious about preventing money laundering and improving accountability of banks and other financial institutions.

This conference is designed for professionals dealing with the following:

Risk management
Fraud analysis
KYC & due diligence
Customer Relationship Management
AML monitoring and reporting
Correspondent banking
Exchange control
Cyber fraud investigation
Information technology
Trade finance
Financial surveillance
Compliance
Governance
Tax evasion and tax avoidance investigation
Auditing
IT risk management
Policy analysis
Want to attend this conference?

To find out more about our early bird special, Contact Thuli Ndlela, Project Manager, thuli@tci-sa.co.za

Secure your seat at the Anti-Money Laundering Conference 2015!

We invite experts and academics with an interest in this field to submit papers and presentations, preferably aligned with, but not limited to one of the following sub-themes:

Anti-money laundering processes and control measures
Customer identification and due diligence
AML monitoring, reporting and investigation
Cyber fraud analysis and investigation
Software innovation and deployment
Correspondent banking
Transaction surveillance
Trade finance monitoring
To submit proposed topic or presentation and to participate as a speaker, contact project manager Thuli Ndlela: Thuli@tci-sa.co.za

To find out more on how you can participate as a sponsor or exhibitor, contact Marketing Manager Sian Wirth: sian@tci-sa.co.za

Author: Sian Wirth from Trade Conferences International.
More Info link: https://www.tci-sa.co.za/anti-money-laundering-control-measures-in-the-financial-sector/
Twitter: http://www.twitter.co/tcisa
Images: For high res version/s of One image/s please contact Trade Conferences International.

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