Crypto-Assets & AML - Risks, Regulatory Expectations & Effective Controls
Speaker
Introduction
Crypto-assets and related services create fast-moving AML risks, from pseudonymous transfers and layering techniques to complex ownership structures and cross-border exposure.
This webinar provides practical guidance on identifying key crypto-related red flags, understanding current regulatory expectations and implementing proportionate controls that stand up to scrutiny.
It is ideal for AML compliance professionals, MLROs, financial crime specialists, in-house legal teams, crypto-asset service providers, fintech/regtech professionals and governance professionals.
What You Will Learn
This webinar will cover the following:
- Understanding crypto-asset AML risks - Key crypto-asset typologies, common criminal exploitation techniques and emerging financial crime risks
- Regulatory expectations - Key AML regulatory and supervisory expectations for crypto-related activities and the areas most likely to attract scrutiny
- Risk assessment - How to assess crypto-related exposure across products and services, customers, geographies and delivery channels
- Due diligence - Practical considerations when conducting due diligence on crypto businesses and customers with crypto-linked activity
- Transaction monitoring - Key considerations for identifying suspicious activity, including wallet tracing, mixers/tumblers, rapid movement of funds and other high-risk indicators
- Sanctions and screening - The challenges of sanctions compliance and screening in crypto environments, including wallet and transaction-related risks
- Effective AML controls - The essential elements of a proportionate control framework, including policies, escalation and record-keeping
- Practical case examples - Illustrative examples of common control weaknesses, regulatory concerns and effective mitigation strategies