HONG KONG--(BUSINESS WIRE)--Exiger, the global regulatory and financial crime, risk and compliance firm, announced that Associate Managing Director Hong Hui Wong will speak on a panel discussing sanctions oversight at the ACAMS 8th Annual AML & Financial Crime Conference, Asia Pacific. The conference will take place from April 25-26 at the Sheraton Grand Beijing Dongcheng, Beijing, China. Exiger’s Asia Pacific team will be available throughout the conference at Booths 4 and 5.
The panel, “Implementing Robust Sanctions Oversight for Prompt Responses to Global Challenges,” will take place on Tuesday, April 26, 2016 from 13:45-15:05. Key topics in sanctions compliance to be explored include:
- Building a risk-based sanctions program to address jurisdictional requirements effectively
- Instituting formal systems for adjusting oversight in accordance with international sanctions developments
- Ensuring institutional commitment to compliance through a robust employee training program
“The best way to comply with global sanctions requirements is to think holistically about AML – particularly KYC – and sanctions, and use that framework to develop a dynamic, proactive, and sustainable plan focused on real-world risks,” said Mr. Wong. “More and more, we are seeing in other jurisdictions the type of high-profile enforcement often seen in the U.S., and are eager to help clients in those jurisdictions develop best practices for avoiding such actions.”
More information on Exiger and its professionals is available at www.Exiger.com
Exiger is a global regulatory and financial crime, risk and compliance firm. Exiger arms financial institutions and multinational corporations with the practical advice and solutions they need to prevent compliance breaches, respond to risk, remediate major issues and monitor ongoing business activities. Exiger was initially launched to lead the court-appointed monitorship of HSBC — the largest, most comprehensive monitorship to date. Exiger works with regulators in the U.S., UK and around the world to evaluate the effectiveness of HSBC’s money-laundering and sanctions compliance controls across its 6,100 offices in more than 70 countries. In addition to its monitorship work, Exiger works with clients worldwide to assist them in effectively managing their critical compliance challenges while developing and implementing the policies, procedures and programs needed to identify and avoid them in the future. Exiger has offices in New York City, Silver Spring, London, Hong Kong, and Toronto.