ACAMS FinTech & Crypto Summit presents strategies to quickly combat financial crime… | Your money

Chicago, April 27, 2022 (GLOBE NEWSWIRE) — As part of its ongoing efforts to educate compliance professionals on how technology is transforming the fight against illicit finance, ACAMS will host a special training event and networking event for its 3rd Annual FinTech & Crypto Summit. On May 3, attendees of the in-person event will learn the latest industry guidance and best practices from leading financial crime experts in fintech and virtual assets, including representatives from the U.S. Bureau Comptroller of the Currency, Federal Reserve Board of Trustees, Federal Deposit Insurance Corporation, Federal Bureau of Investigation, Conference of State Bank Supervisors, Citi, Western Union, Meta, Coinbase, Stripe, BlockFi, Mercari, Chainalysis, Polaris, TRM Labs, Merkle Science and other technology companies, money services companies and law firms involved in this evolving industry.

In addition to answering questions from the audience, speakers will describe Financial Crimes (AFC) compliance practices and investigative strategies on topics such as identifying evasion Russian sanctions which is unique to FinTech companies and cryptocurrency exchanges, using forensic accounting methods to identify and track terrorism-related blockchain payments, understand regulatory positions and concerns related to digital bank charters and traded funds trading Bitcoin, and fighting sex and labor trafficking rings through the use of new technological tools.

“FinTechs and virtual asset service providers are arguably the most exciting, disruptive and agile businesses in the financial space today, but their continued progress ultimately depends on their collaboration. with regulators, law enforcement, banks and other institutions to address financial risk and crime,” said ACAMS CEO Scott Liles. “By bringing together so many stakeholders to discuss threats and emerging concerns, this summit marks an important step on the road to ensuring that the technology is more promising than perilous.”

“Whether you are a compliance practitioner concerned about how cryptocurrencies can be exploited to evade sanctions, a law enforcement official investigating illicit financial flows through digital payment systems, or a FinTech executive seeking to learn how regulatory oversight can impact your business, this summit offers practical information on how to protect businesses from criminal abuse, monetary penalties and reputational damage,” he said. .

The full ACAMS FinTech & Crypto Summit program can be found here.


About ACAMS®

ACAMS is the largest international membership organization dedicated to providing financial crime prevention (AFC) education, best practices and peer-to-peer networking opportunities for AFC professionals worldwide. With over 90,000 members in 180 jurisdictions, ACAMS is committed to ending financial crime by providing knowledge sharing services on anti-money laundering/counter-terrorism financing and sanctions, thought leadership, risk mitigation services, ESG initiatives and platforms for public-private dialogue. The association’s CAMS certification is the benchmark qualification for AFC professionals, while the CGSS certification is its premier specialist qualification for sanctions professionals. ACAMS’s 60 chapters around the world further amplify the association’s mission through educational and networking initiatives. To visit for more information.

Lashvinder Kaur ACAMS +44 7388264478 [email protected]

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