iiDENTIFii, the award winning biometric authentication company, has underlined its commitment to fighting identity theft in southern Africa by sponsoring the annual AML, Financial Crime & Fraud Southern Africa Conference taking place on 6 & 7 September at the Indaba Hotel, Fourways, South Africa.

Murray Collyer, COO of iiDENTIFii, will address delegates on the topic of biometric authentication in financial institutions and how it is being used to counteract money laundering and support KYC / AML compliance. “Validating a person’s identity is critical to effectively and reliably counter financial crime,” says Collyer.

Collyer will be part of the speaker panel that will present to delegates at the 8th instalment of the AML, Financial Crime Southern Africa Conference, that also includes representatives of companies such as Financial Intelligence Centre South Africa, Investec, Sanlam, Stanlib, Albaraka Bank, Standard Bank Mozambique, iiDENTIFii, Nice Actimize, SABRIC, Rand Merchant Bank, S & P Global Intelligence, FirstRand Namibia, Corruption Watch and many more.

The high level conference will be hosted on 6 & 7 September at the Indaba Hotel Fourways South Africa and is attended annually by professionals from banks, insurance and investment companies, service providers, government, and MLCO’s from non-designated financial service providers.

The event is also an online event and will afford delegates from outside South Africa the opportunity to attend on-line. 

Featuring close to 40 speakers from the SADC region the programme will also dissect the issues implicating the recent greylisting of South Africa and Nigeria as examples to other SADC countries of where to focus their efforts in combatting money laundering.

A few pertinent topics to be addressed: 

Overview of recommendations contained in the FATF mutual evaluation 2020; role of smaller Financial Institutions (FIs) in combatting financial crime and mitigating money laundering risk, role of technology in combatting money laundering, implementing better procedures to Identify Politically Exposed Persons (PEP), updates regarding Ultimate Beneficial Owners (UBO)and UBO registry amongst others.

Companies that have registered delegates thus far:

ABSA Bank Internal Audit, Woolworths Financial Services, The Banking Association of South Africa, Standard Bank AML, Sanlam Investment Management, Old Mutual Finance, Investec Financial Crime, Investec Technology Compliance, ABSA Regulatory Legal & Financial Crime, RMB Market Compliance, FNB Monitoring Centre of Excellence and ABSA Group Legal.

This conference is the place to be if you want to stay abreast with the latest news regarding the AML landscape.      

To register as a delegate email info@amlconference.co.za 

More about the organisers Trade Conferences International

Posted: August 1st, 2023