5AMLD for Fintechs & Banks:

From Theory to Practice

Tuesday, 28 July 2020 | 11am BST

The Fifth Anti-Money Laundering Directive (5AMLD) came into force in January 2020 to deepen the European Union’s AML/CFT regime and close the gap on a number of emergent and ongoing issues not previously covered.
The impact of 5AMLD is far-reaching, covering the legislative treatment of cryptocurrencies, prepaid cards, ultimate beneficial owners, and beyond. However, as many firms and even member states are still continuing to finalise their adoption of 5AMLD, this webinar will examine the theory behind the directive, what the legislation has looked like in practice and the realities for firms undergoing implementation.

Join Matthew Redhead, Associate Fellow, RUSI and a panel of experts, as they discuss:

  • What best practice for fintechs & banks look like and common pitfalls in implementation
  • The regulator’s expectations and how to stay positively compliant
  • 6AMLD, what to expect and how to get a headstart.

This webinar has now concluded.

To view the on-demand version of this webinar, please register below:

Speakers

Matthew Redhead, Associate Fellow, RUSI

Matthew Redhead is a researcher and writer on financial crime and national security topics. He is an Associate Fellow at The Royal United Services Institute (RUSI) and a regular contributor to Jane’s Intelligence Review on serious organized crime, financial crime, terrorism and intelligence. He has extensive experience in financial services, having trained originally as a ‘front office’ banker, and has more recently served in various senior roles in HSBC’s financial crime risk function.

Denisse Rudich, Director, Rudich Advisory & CCO & Co-Founder, ElementaryB

Denisse Rudich has over 15 years delivering financial crime prevention, anti-money laundering, and counter-terrorist financing systems & controls across banking and public sectors, including as Head of AML/CFT Policy for RBS (CBD) and Strategic Advisor to Rabobank. She has experience working with many top-tier financial institutions as well as holding the roles of Director of the G7 and G20 Research Groups (London), is a member of the WEF’s Global Coalition to Fight Financial Crime, set up the first global AML/CFT working group for the crypto industry, and acts as a Senior Advisor to RegTech, FinTech, crypto / virtual assets firms, and The Sentry.  She most recently acted as a technical expert on the Joint Working Group of InteVASPs Messaging Standards that issued the IVMS-101 Messaging Standard.

Benjamin Whitby, Regulatory Affairs, Qredo

Benjamin Whitby  is a Crypto Compliance Specialist with years of experience at companies such as HSBC Global Markets, PwC and GRC. Ben has built several world first platforms, for example the 1st Interest Rate Swap Trading platform and the 1st Ethereum Smart Contract Wallet with a Visa card. He is now responsible for Regulatory Affairs at Qredo – the world’s first MPC Network, enabling institutions to manage and control crypto assets instantly whilst removing all counterparty risk and therefore solving the last mile problem for institutions and operating cross chain.