Event Agenda
- A reflection on the challenges of the past year
- What are the main compliance challenges for the year ahead?
- Risk Heat Map 2019 – what goes up, what goes down and why?
- Where should compliance teams focus their efforts and available resources?
- Where should we focus attention in terms of digitisation of compliance functions this year?
- How best to meet the challenge of finding the appropriate skillset in a millennial world?
- How are these developments impacting your business?
Managing Director & Deputy Chief Executive Officer, Senior Regulatory Counsel Asia
LGT Bank
- Registration of Precious Stones and Metal Dealers (“PSMDs”)
- AML/CFT Policies and Procedures
- Perform Client Due Diligence and file Cash Transactions Reports for cash transactions $20,000 and more
- Perform Client Due Diligence if suspicion is detected
- Risk Assessment
- Enhance Due Diligence
- Internal audit
- Appoint compliance officer
- Training
- How is the landscape for IAMs evolving?
- What are the current compliance challenges for IAMs in the year ahead?
- What do the recent regulatory changes in Singapore mean for locally based IAMs?
- What do firms need to do if they want to operate in Singapore?
- What are the challenges and opportunities around the use of software and technology to create solutions?
- How do you ensure RMs have the right attitude to compliance and play within the prescribed boundaries?
- Proposed changes to India’s data protection legislation
- How will these changes impact on privacy compliance for the rest of Asia
- How it supports all regulatory challenges
- Challenges of multi languages
- Support of Machine Learning
- Use cases
- Restrictions regarding the promotion of financial services and products
- Opt-in regime for accredited investors
- Requirements on digital sales channels
- Challenges of selling into other jurisdictions
- The importance of “appropriate” retention of company data
- Increasing complexity and changing obligations
- Special issues relating to messaging apps
- Policy- and technology-based solutions
- Today’s best practices and what’s ahead
- Latest developments CRS
- Implementation challenges
- Mandatory Disclosure - what is it, how will it affect compliance operations
- What sort of structures are caught by MDR?
- How to spot MDR avoidance structures
- Understanding the risks and rewards
- Understanding the Rules of Engagement
- Implementing Clear policies and Procedures and training
- The commercial interplay between business development and compliance
- What to do when things go wrong?
- CRS and AEOI, MDR and beneficial ownership registers. What can we expect to be targeted next?
- FATCA – Where are we are we on enforcement of compliance breaches?
- Mandatory disclosure of tax avoidance schemes to fight against “base erosion and profit sharing”(BEPS)
- Prosecution of ‘enablers’ of tax evasion
- Unexplained Wealth Orders - Are we likely to see Asian jurisdictions follow the new UK regime?
- How to best obtain cooperation from clients to meet tax compliance standards?
- What more can be done to educate clients about the potential impact on them of tax transparency?