Transparency Without Borders: Dinner-Discussion
Date and time
Description
On 24th November, an intimate group of senior executives from global banks will be coming together for a round-table industry discussion over fine wine and food. All invitees are involved in compliance and onboarding, sharing their experiences and strategues as part of a collaborative and confidential peer-to-peer discussion. The agenda encompasses such questions as:
- How can we ensure onboarding processes are robust enough to stand up to both increasing customer demands and regulatory scrutiny?
- Regulators have made it very clear that the responsibility will still always lie with the banks and not third party entities to provide an audit trail, but where should the responsibility lie for collating and verifying onboarding information?
- What is best practice for managing KYC and AML demands as an industry as well as on an individual-firm basis?
- How can organisations ensure they don’t lose out on business by wrongly assessing the customer?
- What is best practice for balancing UK and cross border requirements, accounting for market discrepancies and ongoing changes to be truly “globally compliant”?
