Regulating the Game Sydney 2024 has announced that Crispin Yuen of financial crime risk management advisory Custos Advisory will lead AML masterclasses at the event’s upcoming edition, to be held March 10 – 15.
The organizers said the event is “taking a significant step” in enhancing industry expertise in anti-money laundering and counter-terrorism financing (AML/CTF) with the announcement of its Masterclass Series and two masterclasses, directed by Yuen.
Recognized for his in-depth knowledge and hands-on experience in the field, Yuen’s masterclasses will focus on conducting Money Laundering and Terrorism Financing Risk Assessments and the development of comprehensive AML/CTF programs, and on essential components in hardening the sector’s defenses against financial crimes.
The masterclasses are crafted to deliver insights and practical strategies in a range of areas:
- ML/TF Risk Assessment: Attendees will delve into the processes for identifying and evaluating the risks associated with money laundering and terrorist financing within the gaming sphere. Crispin will share methodologies and leading practices for comprehensive assessments and developing risk-based controls, empowering participants with the ability to identify and mitigate ML/TF risks.
- AML/CTF Program: Building upon the foundation derived from the ML/TF Risk Assessment, this session will offer a thorough exploration of designing internal controls to effectively manage and mitigate the identified risks. The session will delve into the program structure and intricacies, equipping participants with insights into leading practices, recent regulatory developments, and the key components necessary for shaping a robust AML/CTF program tailored specifically for the gambling industry.
Paul Newson, the event organizer, remarked: “As the landscape of public policy and gambling law continues to shift, staying updated with the latest insights and practices is paramount.”
“The Masterclass Series, with contributions from financial crime thought leaders like Crispin Yuen, Axes.ai, KordaMentha, and Bastion provides an exceptional platform for professionals to gain an edge through hands-on learning from some of the leading experts in the field.”
In these masterclasses, led by Custos Advisory, attendees can look forward to:
- Expert Guidance: Explore the nuances of AML/CTF obligations and leading practices with Crispin’s expert guidance.
- Practical Strategies: Gain actionable insights and hands-on strategies to bolster your compliance framework and enhance enterprise risk management in real-world scenarios.
- Engaging Discourse: Participating in thought-provoking discussions on the established and evolving challenges within the AML/CTF sphere specifically tailored to the gambling industry.
These sessions stand out as invaluable learning opportunities for regulatory and sector professionals aiming to achieve and maintain excellence in AML/CTF practices, says Regulating the Game. Through Yuen’s practical instruction, participants will not only comprehend the complexities of AML/CTF “but also take away actionable insights and strategies to uplift performance and outcomes in their organizations.”
Interested parties can find further details and secure their place in the masterclass by visiting the event’s website or contacting via email.
The Regulating the Game Sydney conference aims to bridge the gap between regulators, industry, and stakeholders. The conference is designed to introduce expert content, inspire discussion and debate about policy and sector issues, and drive innovation to underpin the future of efficient and effective gambling regulation.
Regulating the Game is in its third year of conducting conferences in Sydney and London attracting attendees from around the world. The event is organized by Paul Newson, a Patron and former President of the International Association of Gaming Regulators and former Trustee of the NSW Responsible Gambling Fund.
Newson was formerly a Deputy Secretary in the NSW Department of Industry responsible for public policy and regulation of liquor, gambling and racing in NSW.