The 4th Annual AML Summit in Nepal, in association with the National Banking Institute (NBI), will provide a fillip to the existing dialogue in the country towards leveraging the strengths and recognising improvement areas in Nepal’s AML/CFT regime through knowledge sharing on latest tools, techniques, processes and technologies.
The tone for the day will be set by a keynote address from the Nepal Rastra Bank and will consist of presentations and panel discussions involving compliance officers from leading banks in Nepal.
9.00 am to 9.30 am
9:30 am to 10:15 am
Welcome & Inaugural Session
10:15 am to 10:30 am
10:30 am to 11:30 am
Monitoring and Managing Correspondent Banking Risks
Chowdhury MAQ Sarwar, Deputy Managing Director, Eastern Bank, Bangladesh
The session will cover the emerging risks including the due diligence challenges, especially brought on by the new Wolfsberg Correspondent Banking Questionnaire, and strategies to mitigate the impact from these risks.
11.30 am to 11.45 am
11: 45 am to 12.40 pm
Ramu Paudel, Director, Financial Intelligence Unit, Nepal Rastra Bank
12.40 pm to 12.45 pm
Technology and Consulting solutions for Go-AML Reporting, Digital Customer On-boarding and KYC remediation
Shivani Shrestha, CEO, KYC Nepal
12.45 pm to 1.30 pm
1.30 pm to 1.50 pm
The Future of Financial Crime – Need for Improved Public/Private Sector Information Sharing
Sriram Ramnarayan, Director, Market Development, Thomson Reuters – South Asia
Rohit Kaul, Regional Specialist, Financial and Risk, Thomson Reuters
1.50 pm to 2.50 pm
International Developments of Relevance to AML in Nepal
Hari Kumar Nepal, AML Cell, Ministry of Finance/Deputy Director, Nepal Rastra Bank
A round-up of key global developments and trends, and their likely impact on the AML compliance function within the Nepal banking industry.
2:50 pm to 3.30 pm
Best Practices in Sanctions Screening
Surendra Thapa, President, Global Intelligence Analysis Corporation, New York
Sanctions compliance is an increasingly complex area, with huge costs of non-compliance and/or oversight. The session by international AML expert Surendra Thapa will provide guidance on assessing, enhancing and optimising sanctions screening programmes to align with regulatory guidelines as well as contemporary best practices.
3:30 pm to 3:45 pm
3:45 pm to 4:55 pm
Panel Discussion: Top Priorities for AML Compliance Officers for Achieving Higher AML Maturity Standards
Arpita Bedekar, Director – Marketing, Fintelekt Advisory Services
Key areas for discussion:
Top priorities for compliance officers in the areas of: