Fighting Financial Fraud in a Pandemic: A Global Perspective

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Fighting Financial Fraud in a Pandemic: A Global Perspective


27 Aug 2020 @ 3:00 pm (+8 GMT)

As an estimated 300 million office workers globally are working remotely during the COVID-19 crisis, the resulting growth in digital uptake and potentially less-stringent security arrangements saw an increased propensity for fraudulent activity, as criminals take advantage of new vulnerabilities. As those on the frontline, banks must remain vigilant and strengthen their readiness to fight financial crime.

“Fighting Financial Fraud in a Pandemic: A Global Perspective”

This international webcast, jointly hosted with the Chartered Banker Institute (CBI), UK, and the Financial Services Institute of Australasia (FINSIA), will focus on financial fraud across the globe amid COVID-19, from a variety of angles:

  • Culture and conduct risk management — how can organisations do better at anticipating misbehaviour?
  • The effectiveness of the global framework for fighting financial fraud
  • What banks are doing differently to enhance control measures and applying emerging technologies to manage these growing threats more effectively
  • How banks, countries and communities can work together to fight financial fraud in these times.

As an AICB member, you are entitled to register for this webinar with our compliments. To register, please click on the button below.

Speaker's Profile

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Radish Singh

Partner – Forensic, Financial Crime Compliance Leader – SEA

Deloitte Financial Advisory Services, Singapore

Radish 150x150
Radish Singh

Partner – Forensic, Financial Crime Compliance Leader – SEA

Deloitte Financial Advisory Services, Singapore

Radish has over 20 years of experience in the field of financial services regulations, compliance, anti-bribery and corruption, conduct of business and financial crime compliance (FCC) (anti money laundering (AML)/Sanctions/counter financing of terrorists (CFT)). She currently leads Deloitte’s Southeast Asia FCC practice. Her clientele incudes major global and local banks in Singapore.

Broadly, her experience includes regulatory compliance, FCC and Know Your Customer (KYC) requirements, enterprise wide AML/CFT risk assessments, globally benchmarked business conduct policy formulation, legislative drafting, conducting country-level Financial Action Task Force assessments as a regulator, implementing anti-bribery and corruption policies, advising on data protection matters, working on policy for exchange demutualisation and self-funding model for a regulatory agency, stock exchange supervision and securities laws.

She has, in her previous, role led an engagement with the Association of Banks in Singapore to revise and modernise their AML guidelines for the banking industry in Singapore. She has advised the Institute of Banking and Finance Singapore on revising their compliance and AML industry standards modules.

As a subject matter expert in the field, Radish has been leading numerous projects on FCC, including AML gap assessments, KYC reviews and remediation, sanctions, risk assessments, anti-bribery and corruption investigations, fraud risk assessment, conduct risk, trade-based money laundering (TBML) compliance and transactions monitoring optimisation/model validation/assessment.

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Gavin Littlejohn

Chairman

Financial Data and Technology Association

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Gavin Littlejohn

Chairman

Financial Data and Technology Association

Gavin Littlejohn serves as Chairman of the Financial Data and Technology Association, the Global Open Banking Trade Association, where he successfully led the campaign to have account aggregation added to PSD2 in 2013. Through FDATA he is a leader of the Open Banking Movement and campaigns for common technical standards and a consistent liability models across the Globe.

​Gavin was appointed as Convenor of the Fintech Stakeholder Group of the UK Open Banking Implementation Entity in 2016 and is now working with a number of other markets engaged on the same mission.

Gavin is a fintech entrepreneur with experience of developing innovative solutions to mass market problems and is well-renowned as the Founder of Money Dashboard and acted as its CEO until 2015.

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Richard Storey

Sales Director

Risk Solutions, Pacific, Refinitiv

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Richard Storey

Sales Director

Risk Solutions, Pacific, Refinitiv

Richard Storey is based in Sydney and leads the Refinitiv Risk Solutions Sales team in the Pacific region. He joined the firm in November 2014 and is responsible for all buy-side, sell-side and Corporate client engagements for its risk data, managed services and workflow solutions offerings.

Richard joined Thomson Reuters after spending many years in structured product, private equity and consulting. His experience included the development and implementation of KYC, AML & CTF processes and policies, as well as responsibility for managing his firms’ responses to banks’ and other counterparties’ requests for KYC data. This inside view of the buy-side and sell-side issues of KYC/AML/CTF regulations gives him a very practical approach to product and business development with Refinitiv. Richard is a graduate of Macquarie University (Bachelor of Arts in Mass Communications), has Diplomas in Financial Services and Export Management, and is a CAMS-certified AML Specialist.

Prasad
Moderator: Prasad Padmanaban

Chief Executive

AICB

Prasad
Moderator: Prasad Padmanaban

Chief Executive

AICB

Prasad joins AICB after a sabbatical of about 1 year to travel and spend time with family. Prior to that, Prasad worked with the investment banks of MUFG in Hong Kong and JP Morgan in both London and Hong Kong as Executive Director in various Markets capacities over a period of 16 years, covering all manner of Asia-ex and Japan securities, from fixed income to equity derivatives. As an accomplished professional in the banking arena, Prasad brings to AICB a great mix of leadership, operational excellence, technical breadth and a passion for learning and development. Prasad holds a Master of Arts (MA) degree in Finance and Investment and an MA in European Studies from the University of Exeter, as well as a Bachelor of Arts (Hons) degree in Economics from the University of Nottingham.