Financial Crime World

Here is the converted article in markdown format:

Financial Crime Prevention Measures in Dominican Republic Take Center Stage at ACAMS Assembly LATAM 2024

Financial crime in Latin America and the Caribbean has become a rapidly evolving threat, driven by challenges such as drug trafficking, sophisticated scams, and stringent regulatory updates. To address this complex landscape, ACAMS, a leading global organization dedicated to combating illicit finance, will convene local and regional anti-financial crime experts in Punta Cana, Dominican Republic from July 22-23.

Conference Highlights

The Assembly LATAM 2024 will tackle high-priority topics such as:

  • Advancements in AI and cryptocurrency
  • Fraud typologies
  • Effective public-private partnerships
  • Recent regulatory changes

The conference will feature a lineup of over 25 informative sessions, covering crucial compliance challenges in the region.

Keynote Speakers

Attendees will gain insights from over 50 industry-leading experts from law enforcement, regulatory bodies, and the private sector, including featured keynote speakers:

  • Víctor Hugo Guerra
  • Sebastián Arévalo Sánchez

Conference Agenda

The conference will delve into topics such as:

  • Effective measures to counter organized crime
  • Compliance strategies for cryptocurrencies and virtual assets
  • Implications of recent regulatory changes
  • Advanced practices for detecting fraud

A major highlight is the in-depth regulatory approach session, where current and former regulators from the Dominican Republic and Mexico will explain new compliance expectations and dissect the latest Financial Action Task Force (FATF) developments. The conference will also explore:

  • Operation of crypto ecosystems and unique risks they pose
  • Global push towards regulating cryptocurrencies

In a pivotal session that confronts the reality of organized crime, particularly in the realms of drug trafficking and human trafficking, experts will analyze money laundering tactics used by transnational crime groups and explain how to leverage risk assessments and collaborative efforts to curb the financial channels that sustain criminal organizations.

ACAMS CEO’s Message

“Financial crime is a constantly evolving threat, and staying ahead of the curve is critical to safeguarding the financial system,” said ACAMS CEO Neil Sternthal. “Through this conference, our goal is to provide compliance professionals in Latin America and the Caribbean with the latest insights and knowledge to elevate their skills and broaden their perspectives in the ongoing fight against financial crime.”

Conference Goals

The Assembly LATAM 2024 aims to:

  • Provide attendees with greater awareness of emerging organized crime tactics
  • Offer effective risk mitigation strategies
  • Foster stronger collaborative ties across public and private sectors through multiple networking opportunities

Registration and Media Access

For more information on The Assembly LATAM 2024, including access to the agenda and registration portal, please visit: https://www.acams.org/es/eventos/la-asamblea/la-asamblea-latam.

Members of the media who wish to attend the conference in person can register by sending an email request to lkaur@acams.org with their full name and the organization they represent.