Financial Crime World

Title: “2023 Regulatory Compliance Conference for Financial Institutions in Canada: A Gathering of Industry Experts”

Subtitle: “Key Speakers, Sessions, and Attendees Highlight the Importance of Compliance in the Canadian Financial Sector”

Date: March 16, 2023

The Annual Flagship Conference on Regulatory Compliance for Financial Institutions in Canada took place on March 16, 2023. This annual event brought together industry experts, regulators, and professionals to discuss the latest trends and challenges in regulatory compliance.

Key Speakers and Co-Chairs

The conference commenced with welcomes from Safiya Adenekan, Chief Compliance Officer at CanadaCash App, and Kuno Tucker, Chief Compliance Officer at Manulife Securities, who served as the event co-chairs. Keynote addresses were delivered by:

  • Theresa Hinz, Executive Director of the Regulatory Affairs Directorate, Office of the Superintendent of Financial Institutions (OSFI) in Canada
  • Philippe Dufresne, The Privacy Commissioner of Canada from the Office of The Privacy Commissioner of Canada

The featured speakers shared insights on essential topics, including:

  • Denise Carson, Chief Compliance Officer, BMO Asset Management Inc and BMO Investments Inc.
  • Claudia Fuchs, Chief Privacy Officer, CWB Financial Group
  • Sudhanshu Bahadur, Head of Technology for Global Asset Management, BMO Financial Group
  • Marie Houde, VP and Chief Compliance Officer, Laurentian Bank
  • Joseph Iuso, Executive Director, Canadian MSB Association
  • Stephanie Mould, Head of Compliance and Privacy, Payments Canada

Session Highlights

Multiple sessions took place throughout the day, exploring the following topics:

  • Payments Modernization in Canada
  • Use of AI in Compliance
  • Partnering with business units to strengthen compliance
  • Typologies in AML
  • Crypto risks
  • FCPF considerations

Who Attended

Attendees from various financial institutions, insurance companies, law firms, and regulatory authorities were in attendance. Some of the organizations represented include:

  • American Express
  • Bank of China Canada
  • BMO Financial Group
  • BitBuy
  • Canadian Western Bank
  • CashApp
  • CITCO Bank Canada
  • Equitable Bank
  • First National
  • HSBC Canada
  • Laurentian Bank
  • Manulife Securities
  • RBC
  • Scotiabank
  • PC Bank
  • TD

Industry Professionals

This must-attend event drew a diverse community of professionals, including:

  • Chief Compliance Officers
  • Chief Risk Officers
  • Chief Anti-Money Laundering Officers
  • Regulatory Delivery Officers
  • VPs and Heads of Compliance
  • VPs and Heads of Legal and Compliance
  • Privacy professionals
  • Operations and Risk professionals
  • Insurance professionals
  • In-house counsel

About the Conference

The Annual Flagship Conference on Regulatory Compliance for Financial Institutions in Canada offered a platform for gaining valuable insights from industry experts, understanding their compliance expectations, and learning how leading financial institutions are embracing modernization and innovation for transparency, efficiency, and consumer-centric frameworks.

Live Stream Also Available

For those unable to attend in person, a livestream interactive broadcast was available to join remotely from their location.