Anti-Money-Laundering, Counterterrorism Financing and Financial Crime

Anti-Money-Laundering, Counterterrorism Financing and Financial Crime: The Critical Role of Financial Institutions and How It Affects You
Talk by Hue Dang ’92, Head of Asia for the Association of Certified Anti-Money-Laundering Specialists. Media coverage in the last several years of financial penalties against global banks such as BNP Paribas ($8.9 billion) or HSBC ($1.92 billion) for money-laundering and sanctions violations—to name just a few examples—highlights the increasing risks to banks as they conduct their normal business. We now live in an era of international money-laundering controls. The terrorist attacks of Sept. 11, 2001, revolutionized the anti-money-laundering (AML) field and brought into stark relief the threat of the movement and disguising of funds destined for the support of terrorism throughout the world, introducing a whole new effort to combat the financing of terrorism (CFT). As a result of the governmental reaction in virtually all countries, banks, non-bank financial institutions and nonfinancial businesses face tougher national and international legal requirements and harsher penalties than ever before. By the same token, the regulators of those businesses, law-enforcement agents and prosecutors also face greater challenges and responsibilities in their work. The discussion of what this means to you will include the economic and social consequences of money laundering; the latest regulatory developments in the U.S., Asia and Europe; challenges in effective AML/CFT implementation; and key lessons learned from recent cases. Presented by the Class of 1992.

[ijklm]

This woman is wonderful: great public speaking skills!

[ziggysmom]

Hi Sue! I love the video you presented. I am currently registered with ACAMS in process of obtaining my AML certification. What I would be interested to know is how our Government is going to prevent fraud and counter terrorism with new currencies e.g. Bitcoin and Libra.

[sharifulalam]

Good delivery and easily understandable. Planning to sit for CAMS EXAM

[zloungeact]

Why doesn't the camera zoom out so we can see the slide?

[ankeshkumar]

Thanks for sharing this knowledge to us.

[SonnetGomes]

Great presentation. Learned a lot. Thank you.

[asanyal]

the cameraman never showed the slides. Are these available?

[TheKarelians]

More bankers need to go to prison especially when they misapply these laws and slander the customer.

[TheKarelians]

Banks incurring ”risk” is biggest BS. Banks always pass the risk to the customer.

[namanhtran]

She is Vietnamese and it is evident to confirm Viet Nam people are probably the most intelligent in the world.

[lilialbuquerque]

Really Helpful and thank you for sharing ✌️✌️

[Nagaraju-iled]

Good Lecture.. Plz upload more related vedios

[vishalidnani]

REALLY HELPFUL, LOOKING FORWARD TO GET CAMS CERTIFICATION

[xwhitelight]

The cameraman did a poor job of not showing the slides.

[luisduarte]

Why is not her name on the description? Who is she?