Thaer Sabri, CEO of the EMA was speaking at 13th Annual AML & Financial Crime Seminar in London on 21st of March 2017, where he talked about tackling the ML/TF risks related to payment services under the spotlight.
On behalf of AMLP Forum – The Financial Crime & Corruption Association:
Appreciating that everyone’s schedule is tight, this is an excellent opportunity for busy AML/CTF & financial crime prevention professionals to get key updates and answers for 2017. The programme will cover major AML/CTF & financial crime changes expected in 2017. The Criminal Finances Bill 2016/17 introduces a failure to prevent the facilitation of tax evasion offence, bringing new corporate liability for business. The new HMT OFSI Monetary Penalties Guidance (coming into force 1 April 2017) for breaches of financial sanctions sets out a new enforcement & compliance approach for all sectors, whether regulated or not. The 4th EU Money Laundering Directive/5th Money Laundering Directive & EU Funds Transfer Regulation are currently being implemented and will result in new UK AML regulations in Q1 2017. Our keynote speakers include senior experts from the Home Office, HMT, Office of Financial Sanctions Implementation, JMLSG, ESA, HMRC (on tax evasion), Charity Commission, Met Police, Barclays, Citibank, Credit Suisse, Circle, Investec Bank, RSA Group, RBS, Sonali Bank, Western Union among others.