Cynthia Borg, Head of Financial Crime Compliance at APS Bank, recently took part as a panellist in the 16th European Anti-Money Laundering (AML) and Financial Crime Conference.
The event was held in London on 14th and 15th November.
The European AML and Financial Crime Conference is an annual event that brings together leading stakeholders to examine the latest strategies and practical measures to combat money laundering (ML) and terrorist financing (TF) as well as financial crime. For participants, this is an opportunity to learn about recent AML and counter-terrorist financing (CTF) international regulatory and legislative changes, best implementation practices, and to share knowledge and solutions with professionals from UK, Europe and further afield.
Speaking to MaltaCEOs.mt, Ms Borg said that she was invited “to form part of a panel discussion on the expanding role of risk appetite, risk-based approach and reputational risk management aimed at future proofing compliance programmes.”
The Head of Financial Crime Compliance also participated “in a masterclass dedicated to the latest on emerging ML and financial crime typologies, including digital assets and virtual asset service providers (VASPs), with some of the main key learning points being AML Risks. In this masterclass [she] presented a case study on risks associated with ultimate beneficial ownership.”
Ms Borg is highly experienced in the banking sector having spent 26 years working at HSBC, most of which were spent working in the field of compliance, and over two years as Head of Compliance and Money Laundering Reporting Officer (MLRO) at MeDirect Bank Malta plc before moving on to her current role at APS Bank.
Among the key topics discussed at this year’s event, once could find discussions on “FATF priorities under the new presidency and ensuing guidance” and also “Addressing the greatest financial crime and geopolitical challenges in 2022.”
Cynthia Borg / LinkedIn
David Power commented following the publication of the bank’s financial statements for 2022, where it recorded €12.2 million in pre-tax ...
‘Never overlook the fundamental concept that technology is always the tool, and never the actual solution.’
She will replace Elizabeth Hardy, whose three-year secondment in the position will end in June.
The Y Ltd Founder and Managing Director highlights how receptionists and cleaners can offer insight into how others are feeling ...