This Year in Financial Crime – The Trends, Events and Cases that Shaped 2019, and a Look Ahead to 2020

Featured Speakers :
WHEN : 12/17/2019 12:30 pm 2:00 pm

Members Complimentary, Non-Members $75

Change is a constant in the world of financial crime, and 2019 epitomized that maxim. This year was characterized by changes large and small across the globe – From major regulatory updates in Canada, to the FATF formalizing the regulatory landscape for cryptocurrencies, to huge money laundering scandals in Europe leading to changes in the perception of financial crime risk.

It was also a year where trends and developments presaged larger changes in store for the future. In the US, regulators signaled increasing openness to innovation in fincrime compliance, and legislators took the first step to creating a beneficial ownership registry. Around the world, advocates of technologies like AI and blockchain touted major disruption in the future, despite limited use in the present.

Join ACFCS for a “look-back” of the major events of 2019 and a lively discussion on what’s coming in the new year. Come prepared to share your own thoughts! The presentation will cover:

  • Canada’s overhaul of the PCMLTFA/R and how financial institutions are implementing the changes
  • The FATF’s guidance for virtual assets, including cryptocurrencies, and how it’s likely to impact the crypto space going into 2020 and beyond
  • Key cybercrime trends of 2019, including coordinated mass ransomware attacks, the rise and rise of business email compromise, voice deepfakes, and more
  • A review of the year in sanctions and the current state of play with North Korea, Iran, Venezuela and other nations
  • Lessons learned from some of the biggest enforcement actions and fincrime cases of the year
  • And more!

This webinar is eligible for 1 continuing education credit and/or CFCS credit. A recording of the presentation, slides, and certificate of participation will be available for ACFCS members only.