Webinar:Preventing financial crime during lockdown

Overview

DIFC Academy successfully delivered the webinar entitled, "Preventing financial crime during lockdown: key regulatory and legal issues relating to AML, KYC and sanctions" on June 17, 2020.

As a precursor to the Academy’s upcoming webinar on “Legal Implications of Covid-19 for the Banking & Finance Sector”, we thank everyone who joined the webinar. The DIFC Legal and Compliance team covered related topics such as AML and KYC considerations, how to effectively conduct such assessments in the “new normal” virtual space, and what regulators might consider when evaluating due diligence. We briefly touched on examples from current regulatory compliance perspective on UBO information sharing, source of funds information, and DIFC ROC enforcement measures.

DIFC Academy successfully delivered the webinar entitled, "Preventing financial crime during lockdown: key regulatory and legal issues relating to AML, KYC and sanctions" on June 17, 2020.

As a precursor to the Academy’s upcoming webinar on “Legal Implications of Covid-19 for the Banking & Finance Sector”, we thank everyone who joined the webinar. The DIFC Legal and Compliance team covered related topics such as AML and KYC considerations, how to effectively conduct such assessments in the “new normal” virtual space, and what regulators might consider when evaluating due diligence. We briefly touched on examples from current regulatory compliance perspective on UBO information sharing, source of funds information, and DIFC ROC enforcement measures.

Partner

Speaker

Lori Baker

Vice President, Legal & Director of Data Protection, DIFC Authority