FATF hosts webinars on money laundering, terrorist financing and coronavirus (COVID-19)

The Financial Action Task Force (FATF) has announced that it is organising two webinars, to take place on 30 and 31 July 2020 respectively, on the subject of money laundering and terrorist financing in relation to the coronavirus (COVID-19) pandemic. The 30 July 2020 webinar is on the subject of coronavirus and the changing money laundering and terrorist finance risk landscape, whereas the 31 July 2020 webinar will discuss the impact of coronavirus on the detection of money laundering and terrorist financing. Both webinars will be open to both the public and private sectors and will be published on the FATF website as recordings.

For the 30 July 2020 webinar, the key issues to be discussed include:

• how has coronavirus changed the criminal economy and what key threats and vulnerabilities are we seeing at the national, regional and international levels?

• what medium to long-term risks do we see emerging from the coronavirus crisis?

• what are some good practices and strategies the public and private sectors can put in place to manage the changing risk environment?

The moderator of this webinar will be the former Chair (MONEYVAL) and outgoing co-chair of the FATF Risks Trends and Methods Working Group, Daniel Thelesklaf.

The panellists will be as follows:

• Deputy CEO Intelligence at AUSTRAC (Australia), Chris Collett

• Director-General at the Ministry of Finance and Public Credit (Mexico), Elisa de Anda Madrazo

• Criminal Intelligence Officer of Interpol's Financial Crimes Unit, Ian Pemberton

• Head of Unit, Expertise and Stakeholder Management at Europol's European Financial and Economic Crime Centre, Gilbert Berk

To register for the webinar, see here.

For the 31 July 2020 webinar, the key issues to be discussed include:

• how has coronavirus affected day-to-day financial activity and how are national authorities and the private sector adapting ML/TF detection capabilities in a rapidly evolving environment?

• how have national authorities and the private sector dealt with challenges to ensure business continuity so that ML and TF activity continues to be detected?

• what are some of the medium to long-term issues facing the anti-money laundering/counter terrorist financing (AML/CFT) community and what lessons can we learn from the impact of the pandemic?

The moderator of this webinar will again be Daniel Thelesklaf.

The panellists will be as follows:

• Global Head of Financial Crime Compliance, Retail Bank and Wealth Management at HSBC Group, Marcus Wogart

• Managing Director and Global Head of Financial Crimes Compliance at Bank of America, William Fox

• Executive Director of the Anti-Money Laundering Department at Monetary Authority of Singapore, Valerie Tay

• Chair of the Egmont Group of Financial Intelligence Units and Head of the Financial Intelligence Unit (the Netherlands), Hennie Verbeek-Kusters

To register for the webinar, see here.

Source: FATF Webinars on Money Laundering and Terrorist Financing and COVID-19

Try LexisPSL for free

Free trials are only available to individuals based in the UK

* denotes a required field

I confirm I am a lawyer or work in a legal capacity and intend to use LexisPSL/LexisLibrary for business purposes.^**

^**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial. See our full terms here.