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1.50 CPE Hours (Category 1, Category 2, Category 3, Category 4, Others)
Live Webinar

This engaging session features two high-profile, recent case studies from the Philippines (Shabu Syndicate Scandal) and Vietnam ($2 Million Gold Fraud) that will illuminate the real world impact of money laundering and Terrorism Financing.
 
Immerse into the context of Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) through a dynamic, case-study approach to discover what measures organizations can possibly adopt (and tools to leverage) in the Philippines and Vietnam to effectively manage AML/CFT compliance, especially in today’s landscape.
 
 The session will also provide a walkthrough of how organizations can be equipped with knowledge and tools to navigate and manage AML/CFT to enhance your current compliance strategies, in light of the realities we see today.

Programme Outline

Part 1: Common Anti-Money Laundering Typologies, Illustrated in light of Recent High-Profile Cases in the Philippines and Vietnam

Speaker: Bible Kwan
 
In this session, we will explore key AML typologies with reference to high-profile cases that have made headlines in the Philippines and Vietnam. We will review AML key concepts, in light of two recent cases:
 
  • The Philippine “Shabu” Syndicate Scandal
    This case involved how a notorious drug syndicate exploited financial systems for laundering massive amounts of cash. You might realise that detection could still be evaded -- the lessons which surfaced, revolve around tightening of controls in such schemes.
  • Vietnam’s $200 Million Gold Trading Fraud
    A recent gold trading fraud involving $200 million in illicit transactions. You will get to see the methods used to conceal the true nature of financial flows and obtain insights into recognizing and countering similar schemes in operations.
 
These case studies relevant to the Philippines and Vietnam will provide a useful backdrop to understand common AML typologies and the importance of identifying and mitigating AML/CFT related risks in today’s real-world of money laundering and terrorism financing.
 
 
Part 2: Practical Guide to Implementing Internal AML/CFT Policies, Procedures, and Controls
Speaker: Martin Lim
 
Drawing from the real-world challenges faced by organizations in the Philippines and Vietnam, this segment will offer actionable strategies for companies to create effective AML/CFT frameworks.
 
Highlights include:
 
  • Explore how businesses in the region have evolved to adopt leading practices following significant scandals.
  • Uncover leading practices that will help your organization establish robust frameworks to identify, detect, and prevent potential money laundering and terrorism financing activities.
 
Part 3: Mitigating AML/CFT Risks with Technology (15 min)

Speaker: Joyce Tan
 
Experience a live demonstration of cutting-edge technology designed to combat AML/CFT risks, i.e.  real-life application to present how technological tools can be effective in the Philippines and Vietnam, especially in light of the recent cases:
 
Witness how technology can empower professional firms to proactively mitigate AML/CFT risks and comply with AML/CFT compliance requirements efficiently in daily operations while balancing business needs.
 

Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

All

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)

This engaging session features two high-profile, recent case studies from the Philippines (Shabu Syndicate Scandal) and Vietnam ($2 Million Gold Fraud) that will illuminate the real world impact of money laundering and Terrorism Financing.
 
Immerse into the context of Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) through a dynamic, case-study approach to discover what measures organizations can possibly adopt (and tools to leverage) in the Philippines and Vietnam to effectively manage AML/CFT compliance, especially in today’s landscape.
 
 The session will also provide a walkthrough of how organizations can be equipped with knowledge and tools to navigate and manage AML/CFT to enhance your current compliance strategies, in light of the realities we see today.

Programme Outline

Part 1: Common Anti-Money Laundering Typologies, Illustrated in light of Recent High-Profile Cases in the Philippines and Vietnam

Speaker: Bible Kwan
 
In this session, we will explore key AML typologies with reference to high-profile cases that have made headlines in the Philippines and Vietnam. We will review AML key concepts, in light of two recent cases:
 
  • The Philippine “Shabu” Syndicate Scandal
    This case involved how a notorious drug syndicate exploited financial systems for laundering massive amounts of cash. You might realise that detection could still be evaded -- the lessons which surfaced, revolve around tightening of controls in such schemes.
  • Vietnam’s $200 Million Gold Trading Fraud
    A recent gold trading fraud involving $200 million in illicit transactions. You will get to see the methods used to conceal the true nature of financial flows and obtain insights into recognizing and countering similar schemes in operations.
 
These case studies relevant to the Philippines and Vietnam will provide a useful backdrop to understand common AML typologies and the importance of identifying and mitigating AML/CFT related risks in today’s real-world of money laundering and terrorism financing.
 
 
Part 2: Practical Guide to Implementing Internal AML/CFT Policies, Procedures, and Controls
Speaker: Martin Lim
 
Drawing from the real-world challenges faced by organizations in the Philippines and Vietnam, this segment will offer actionable strategies for companies to create effective AML/CFT frameworks.
 
Highlights include:
 
  • Explore how businesses in the region have evolved to adopt leading practices following significant scandals.
  • Uncover leading practices that will help your organization establish robust frameworks to identify, detect, and prevent potential money laundering and terrorism financing activities.
 
Part 3: Mitigating AML/CFT Risks with Technology (15 min)

Speaker: Joyce Tan
 
Experience a live demonstration of cutting-edge technology designed to combat AML/CFT risks, i.e.  real-life application to present how technological tools can be effective in the Philippines and Vietnam, especially in light of the recent cases:
 
Witness how technology can empower professional firms to proactively mitigate AML/CFT risks and comply with AML/CFT compliance requirements efficiently in daily operations while balancing business needs.
 

Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

All

Programme Facilitator(s)


No course instances or course instance sessions available.