Event Details

Following concerns from the FCA that many EMIs and PIs within the payments industry showed inadequate risk and compliance programmes, Project Financial Crime have been keen to support the ability of members of The Payments Association to comply with legislation, by providing guidance and defining where and how technology can help.


Through this open mic event, Jane Jee, leader of The Payments Association's Project Financial Crime will be moderating a discussion between Samanthan Sheen, a financial crime and compliance expert, and a small group of members of The Payments Association. The event will include a fireside chat followed by an interactive discussion where members of the audience can ask Jane and Samantha questions directly.


The objective of this open mic event is to explore questions such as:


How should regulated SMEs set up ML/TF policies and procedures?

What are some of the most common mistakes made when it comes to compliance?

What are the risks of failing to comply?

What are key questions to ask when choosing technology partners or outsourced service providers?

Tips on how to mitigate reputational risks and regulatory risks, including financial penalties.


We believe several members, particularly those who work in risk and compliance for SMEs, who are looking to improve their AML programmes, will find this session valuable.


This session is not intended to provide legal advice and we strongly recommend that you obtain your own legal advice which can take account of your business circumstances

Agenda

2 PM - 2:15 PM
Presentation: How can SMEs ensure they comply with AML legislation?
2:15 PM - 2:45 PM
Q&A

Speakers

  • Jane Jee (Lead for Project Financial Crime at The Payments Association)

    Jane Jee

    Lead for Project Financial Crime at The Payments Association

    After qualifying as a barrister, Jane gained broad experience in all types of payments. She has undertaken a broad range of legal and compliance work for a variety of companies - including Credit cards, internet payment gateways, mobile phone payment companies, e-money issuers, pre-paid card companies and money transmitters.

    In 2014 Jane obtained a Post Graduate Diploma in Governance, Risk and Compliance from the International Compliance Association (ICA) and is a Fellow there.

    Jane was CEO at Kompli-Global Limited from 2016 until April 2021 and then Chair until September 2021.

    Jane has been the lead at Project Financial Crime for the Payments Association since the Project was formed in 2018. Since 1st October 2021 Jane has been a freelance consultant specialising in anti-money laundering and fraud prevention

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  • Samantha Sheen (Financial Crimes Compliance and Strategy Advisor and Trainer; Associate Fellow at RUSI)

    Samantha Sheen

    Financial Crimes Compliance and Strategy Advisor and Trainer; Associate Fellow at RUSI

    Samantha Sheen is a Financial Regulatory, Risk Management, Financial Crime and Legal Advisory Expert. She has exemplary private sector experience in fund, trust (fiduciary) and company administration, private practice and international consultancy involving financial services businesses.

    Samantha has extensive experience in the development and delivery of high quality role-specific financial crime prevention training. Topics include governance, risk management, EDD, complex structures, bribery and corruption, sanctions, tax evation, product-specific financial crime risk detection, how to provide effective training and regulatory approaches in undertaking anti-financial crime supervision.

    Frequent chairwoman, moderator, speaker and panelist at various UK and International events and forums on a wide scope of financial crime prevention topics.

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Community

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Tickets

The Payments Association Member ticket

This event is for members of The Payments Association. Your ticket will be subject to approval based on the information below. If your registration is approved, you will receive a confirmation email directly from GlueUp confirming your registration.

Member Price Free