Financial Crime World

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Dominican Republic to Host Regional Congress on Financial Crimes Prevention

The Association of Multiple Banks of the Dominican Republic (ABA) and the Latin American Federation of Banks (Felaban) have announced that the III Latin American Congress on the Prevention of Money Laundering and Financing of Terrorism will be held in the Dominican Republic for the first time.

A Key Event in the Region’s Financial Crimes Prevention Agenda

Scheduled to take place at the Marriott Hotel on Abraham Lincoln Avenue on October 3 and 4, the event promises to bring together financial institutions and experts from across the region to discuss the latest developments and best practices in preventing financial crimes. A key focus area of the congress will be the implementation of new technologies such as machine learning and artificial intelligence (AI) in financial crime prevention.

Event Highlights

  • Risk-based approaches: Financial institutions will learn about strengthening compliance programs and adapting to evolving requirements.
  • Emerging technologies: The impact of machine learning and AI on financial crime prevention will be explored.
  • Inter-institutional collaboration: Best practices for combating financial crimes through collaborative efforts at regional and international levels will be discussed.

A Significant Opportunity for Networking and Professional Development

This in-person congress marks a significant shift from previous virtual editions, generating significant enthusiasm among professionals in the field. The event is set to attract a large audience of experts and decision-makers, providing valuable insights and networking opportunities for those working in financial crime prevention.

By Hosting this High-Profile Congress, the Dominican Republic Demonstrates its Commitment to Financial Crimes Prevention

By hosting this high-profile congress, the Dominican Republic solidifies its position as a hub for regional discussions on financial crimes prevention, demonstrating its commitment to staying at the forefront of regulatory updates and best practices.