douglaswolfson

Navigating Sanctions in the Digital Era

Course Duration: 15 minutes
Course Points: 
15

Learn from Fintelekt Academy Partner Accuity, a LexisNexis Risk Solutions Company, through this video course on Navigating Sanctions in the Digital Era.

In this video, Douglas Wolfson, Director – Financial Crime Compliance, LexisNexis Risk Solutions talks about the use of Sanctions, primarily through Office of Foreign Assets Control (OFAC), United Nations Security Council, European Union, and Office of Financial Sanctions Implementation (OFSI). He also covers the changes seen in usage of Sanctions over the last few years and best ways to prepare for Sanctions in the digital era.

Douglas discusses the importance of having a strong screening program and benefits of having access to the right information.

He ends the discussion with Sanctions Landscape in 2021 and what to expect in the coming years.

Best Practices for Managing Trade Compliance amidst the Global Pandemic

Course Duration: 15 minutes
Course Points: 
15

Learn from Fintelekt Academy Partner Accuity, a LexisNexis Risk Solutions Company, through this video course on Best Practices for Managing Trade Compliance amidst the Global Pandemic.

In this video, Douglas Wolfson, Director – Financial Crime Compliance, LexisNexis Risk Solutions presents the results of a recently concluded Accuity survey on Global Trade Compliance, which attempts to understand how banks, corporates and non-banking financial institutions (NBFIs) are tackling trade compliance.

Douglas explains the trade compliance priorities of these different types of institutions, as well as key improvements that need to be made to the supply chain to track criminal activities. He provides insights based on the survey around current processes and pain points and the impact of the global pandemic on trade and evolving TBML risks.

He then goes on to discuss how trade compliance can be used as an enabler for business and to build competitive advantage. 

LexisNexis APAC 2020 True Cost of Compliance – Key Findings

Course Duration: 15 minutes
Course Points: 15

The cost of financial crime compliance has risen significantly according to the 2020 LexisNexis Risk Solutions True Cost of Financial Crime Compliance Study, Asia Pacific (APAC) Edition. Across all financial institutions in Asia-Pacific study countries of India, Indonesia, Philippines and Singapore, the annual projected cost of financial crime compliance is $12.06B for 2020, with the greatest year-on-year increase being shouldered by larger Filipino and Singaporean financial institutions.

In this course, Douglas Wolfson, Director of Financial Crime Compliance Commercial Strategy, LexisNexis Risk Solutions presents the key findings of 2020 True Cost of Financial Crime Compliance Study for Asia Pacific (APAC) as well as for four countries within APAC – The Philippines, Singapore, India and Indonesia.

To download the report, visit: https://risk.lexisnexis.com/global/en/insights-resources/research/true-cost-of-financial-crime-compliance-study-apac

Expert Speak: Douglas Wolfson, LexisNexis Risk Solutions

Course Duration: 23 minutes
Course Points: 20

Douglas Wolfson, Director – Market Planning, FCC & Payments, LexisNexis Risk Solutions speaks about KYX – Know Everything in this presentation from Fintelekt Asia AML/CFT 3rd Annual Summit 2021, held virtually from July 5-9, 2021.

Fintelekt-ABA Webinar: Future-proofing your Financial Crime Compliance Screening

Course Duration: 1 hour 11 minutes
Course Points: 70

Fintelekt Advisory Services and the Asian Bankers Association hosted a webinar on Future-proofing your Financial Crime Compliance Screening on April 7, 2021.

This course allows Premium users to attempt an assessment and download a Participation Certificate.

The speakers were:

  • Shirish Pathak, Managing Director, Fintelekt Advisory Services (Moderator)
  • Srinivas Vaman Gollapudi, Joint President and Business Head – Trade Finance and Commercial Operations, Kotak Mahindra Bank
  • Brent Estrella, Group CCO, Rizal Commercial Banking Corporation
  • Douglas Wolfson, Director – Market Planning, FCC & Payments, LexisNexis Risk Solutions

Key Issues:

  • The challenges around the current regulation and compliance frameworks designed to combat crime
  • Their impact on customer onboarding while increasing false alerts and operational costs
  • Negative impact on the customer experience as a result

Webinar: Future-proofing your Financial Crime Compliance Screening

Course Duration: 58 minutes
Course Points: 55

Fintelekt Advisory Services and the Asian Bankers Association hosted a webinar on Future-proofing your Financial Crime Compliance Screening on April 7, 2021.

The speakers were:

  • Shirish Pathak, Managing Director, Fintelekt Advisory Services (Moderator)
  • Srinivas Vaman Gollapudi, Joint President and Business Head – Trade Finance and Commercial Operations, Kotak Mahindra Bank
  • Brent Estrella, Group CCO, Rizal Commercial Banking Corporation
  • Douglas Wolfson, Director – Market Planning, FCC & Payments, LexisNexis Risk Solutions

Key Issues:

  • The challenges around the current regulation and compliance frameworks designed to combat crime
  • Their impact on customer onboarding while increasing false alerts and operational costs
  • Negative impact on the customer experience as a result

Webinar: Optimizing AML Screening

Course Duration: 65 minutes
Course Points: 60

This webinar is part of the webinar series run by Fintelekt Advisory Services in association with the Asian Bankers Association (ABA). The topic for this webinar is “Optimizing AML Screening” and was aired on September 9, 2020.

Speakers:

  • DOUGLAS WOLFSON, Director, Financial Crime Compliance – Asia, LexisNexis Risk Solutions
  • VIJAY GOPALADESIKAN, Head – FCC Screening Product & List Management, Group Financial Crime Compliance, Standard Chartered Bank
  • DAYANAND PRASAD, Principal Officer – AML & KYC Compliance, Emirates NBD Bank (P.J.S.C)

Key discussion points in the webinar include:

  • Risks vs Operation Effectiveness
  • Compliance Challenges and False Positives
  • How to Build a Functional e-KYC Program
  • Determining Efficiency and Effectiveness
  • Dealing with Implementation Challenges and Knowledge Building
  • Practical Advice for Screening and List Management

Expert Speak: Douglas Wolfson, LexisNexis Risk Solutions

Course Duration: 18 minutes
Course Points: 15

Douglas Wolfson, Director – Financial Crime Compliance, LexisNexis Risk Solutions speaks about Know Your Customer and Due Diligence for Financial Institutions in this presentation from Fintelekt’s South Asia AML/CFT 10th Annual Summit 2020 held virtually from December 7-9, 2020.

Scroll to Top