Know your client - Breaking down Anti-Money Laundering (AML) in Golf

HOST

Singapore Golf Association

With the increasing economic significance of golf, alongside various other sports, there has been a substantial surge in financial investment within this sector. Unfortunately, a portion of this investment has become associated with criminal elements.

In this event, the speakers will address the following topics:

• Patterns of anti-money laundering efforts and the identified risks specific to the golfing domain.

• Exploitative tactics employed by criminals within the golfing sphere.

• The adverse effects of money laundering on both the golfing and broader sports sectors.

• Measures that international organizations and communities can adopt to diminish the vulnerabilities to money laundering.

KEY TAKEAWAYS

• Reasons for rising trend of Anti-Money Laundering (AML)

• The Regulatory Landscape

• Tips and best practices to create effective AML compliance program

• Know the necessary actions to be taken when carrying out customer due diligence measures

• Interact with practitioners and thought leaders in the AML compliance sector

PROGRAM

2.00pm - Registration 2.15pm - Opening remarks by Singapore Golf Association 

2.20pm - Insights on the regulatory landscape with regards to the recent newsby Sharon Chong, Deputy Head, Litigation & Dispute Resolution, RHTLaw Asia and Chng Li Ling, Head, Financial Services (Regulatory) Practice, Co-Head, Environmental, Social & Governance Practice, RHTLaw Asia 

2.55pm - Automate, standardise, simplify the process of knowing your clients by Kannan Chettiar, Co-founder and Managing Director, Avvanz

3.15pm - Fireside Chat: Patterns of anti-money laundering effort

• Exploitative tactics employed by criminals within the golfing sphere

• Measures that international organizations and communities can adopt to diminish the vulnerabilities to money laundering

Moderator

• Rajita Suntharalingam, Director of Corporate Services and Club Secretary, Singapore Island Country Club

Panelists

• Sharon Chong, Deputy Head, Litigation & Dispute Resolution, RHTLaw Asia

• Chng Li Ling,  Head, Financial Services (Regulatory) Practice Co-Head, Environmental, Social & Governance Practice, RHTLaw Asia

• Kannan Chettiar, Co-founder and Managing Director, Avvanz

4.15pm - Tea break and Networking

Who should attend this thought-provoking discussion which will be made richer by your participation:

• Compliance Officers

• Golf Course Managers

• Club Managers