Description
We examine how Designated Non-Financial Businesses and Professionals (casinos, accountants, lawyers, precious stones/gem dealers, TCSPs, and other gatekeepers) are coping with the new environment with COVID-19. Many businesses are now under the AML/CTF umbrella. This session examines the new entrants fully regulated by AML for the first time. What have been their challenges? And what are the hurdles stopping other nations bringing in DNFBPs? It also explores the implications of customer identification and due diligence, monitoring, and reporting requirements across these recent entrants, and the ML vulnerabilities of lawyers, accountants and, in particular, real estate.
Session Evaluation:
https://dvg.ca1.qualtrics.com/jfe/form/SV_6xSszoYff9tR0Ud
Moderator(s):
Panelist(s):
- Aub
Chapman,
CAMS-Audit,
Director,
Aub Chapman Consulting Services
- Gary
Hughes,
Barrister,
Akarana Chambers
- Rob
Milnes,
CAMS-Audit,
Principal Advisor of AML Group,
Department of Internal Affairs, New Zealand
