TL;DR:
- Event emphasizes urgent financial crime threats, including ransomware compliance and evolving sanctions risks.
- Distinguished experts from U.S. regulatory bodies, law enforcement, and the financial sector share insights.
- Keynote addresses by Elizabeth Rosenberg and Andrea Gacki add depth to the event.
- Onsite networking sessions strengthen cross-sector partnerships.
- New session formats, live podcasts, and awards ceremony enhance participant experience.
- Conference amplifies the focus on public-private collaboration against financial crime.
Main AI News:
The highly anticipated ACAMS event, The Assembly Las Vegas conference, is making a triumphant return with unprecedented scale and impact. Commencing on October 2nd, this flagship gathering will serve as a pivotal platform for sharing insights and strategies aimed at countering contemporary financial crime challenges. Distinguished anti-financial crime (AFC) professionals from across the globe will converge to dissect the pressing concerns plaguing the private sector.
One of the event’s focal points will be a comprehensive exploration of compliance imperatives triggered by ransomware attacks. Attendees will delve into intricate case studies spotlighting recent instances of large-scale healthcare and crypto frauds. The conference will also spotlight the evolving risks tied to international expansion, particularly concerning Russia’s paramilitary unit, The Wagner Group, and the associated sanctions implications.
Beyond its role as an immersive three-day learning experience for AFC practitioners, The Assembly Las Vegas sets the stage for personal interaction with over 130 seasoned financial crime experts, who will be lending their perspectives at the event. This elite lineup encompasses representatives from prestigious institutions, including the U.S. Department of Justice, Department of the Treasury, Federal Bureau of Investigation (FBI), Homeland Security Investigations (HSI), and many more. The roster also includes influential voices from major banks, FinTech enterprises, and cryptoasset companies, painting a comprehensive panorama of the financial landscape.
Distinguished keynote addresses will further enrich the event, featuring Elizabeth Rosenberg, Assistant Secretary for Terrorist Financing and Financial Crimes at the U.S. Treasury Department, and Andrea Gacki, the newly appointed Director of FinCEN.
To catalyze cross-sector discourse and strengthen collaborative initiatives, The Assembly Las Vegas will facilitate six distinct on-site networking sessions. These sessions are meticulously designed to foster professional communities among community banks, gaming businesses, FinTech entities, law enforcement agencies, women in anti-money laundering roles, and ACAMS chapter affiliates.
Scott Liles, the CEO of ACAMS, articulated the conference’s essence, stating, “The Assembly Las Vegas congregates luminaries from the AFC domain to dissect the most formidable threats currently menacing financial institutions. These challenges range from the exploitation of generative AI tools by criminals, to the imperative of enhancing corporate transparency and the critical evaluation of risks linked to digital assets in the wake of regulatory actions against cryptoasset firms.”
He further added, “Attendees can anticipate novel session formats encouraging in-depth dialogues, live broadcasts of Financial Crime Matters and Sanctions Space podcasts, as well as an awards ceremony lauding the accomplishments of our members and those dedicated to the fight against illicit finance. This year, we will also confer Lifetime Achievement awards upon three pioneers of the AFC realm.”
Conclusion:
The ACAMS Assembly Las Vegas conference emerges as a cornerstone event for anti-financial crime professionals and the broader market. Its comprehensive insights into contemporary financial threats and the active participation of regulatory bodies and experts signal a collective dedication to combat financial crime. The event’s emphasis on collaboration underscores the industry’s growing momentum in fortifying defenses against illicit finance.
