Webinar: Navigating the AML/CTF Audits: Risks, Regulatory Reporting and Analytics Effectiveness

26 Jul 2024
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Webinar: Navigating the AML/CTF Audits: Risks, Regulatory Reporting and Analytics Effectiveness

July 26 @ 12:30 pm - 1:30 pm AEST

Free - $65.00
In today’s rapidly evolving business landscape, exposure to Money Laundering and Terrorist Financing is one of the key risks faced by organisations across sectors. Whilst organisations comply with Anti- Money Laundering (AML) and Counter-Terrorism Financing (CTF) legislation in the form of a written program, how can auditors identify and test the key risks that impact the organisation when determining the scope for review?  This webinar delves into the steps to be taken to identify such key risks when reviewing an AML/CTF program and also how the usage of data analytics helps in testing certain regulatory reporting. 
 
Topics Covered:
 
AML/CTF Program – Primary document showing how ML/TF risks are identified, mitigated, and managed by organisations. It contains various components and is divided into two parts in Australia viz. Part A and Part B
AML/CTF audit risk assessment – Key step in understanding the organisation that is under review
Other considerations impacting audit scope – Financial Crime transformation projects, management-identified issues, and remediation status 
Usage of data analytics – Why this is an effective method to test the quality, accuracy and timeliness of certain regulatory reporting 
 
Presenter: Dr. Giridhar Kannan Ph.D., AMIIA, Founder and Director, AML SureCheck ™
 
Giri in his 20 years of financial crime industry experience across geographies has held varied roles as a first-line banker, compliance regulator (in India) and most recently as a financial crime internal auditor with a Big 4 Australian bank. His significant experience and exposure across all three lines of defence, made him evolve as a subject matter expert in AML/CTF compliance, Governance, assurance, audit & inspections, risk assessments, policy reviews, enforcement proceedings, data analytics amongst others. Some of his notable achievements include identifying and helping businesses fix gaps in key financial crime risks (as auditor), identifying, and investigating multiple financial crime & fraudulent market practices worth approx. A$80 million (as regulator).
Giri’s Ph.D. (from India) opened doors for him to be part of academia over the past 10 years. Currently, he is an adjunct faculty teaching “International Financial Crime” to business school students at a Top 20 ranked QS World University in Sydney.
 
CPE Points: 1

Details

26 July 2024
12:30 pm - 1:30 pm AEST

Free - $65.00

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