SGV hosts AML-CFT Forum

SGV hosted a forum on Counter Proliferation Financing (CPF) and Machine Learning last 13 August at the SGV Museum in Makati City. Anti-money laundering and counter-financing of terrorism (AML-CFT) professionals and compliance officers from different banks, insurance companies and financial institutions attended the forum.

Financial Services Organization (FSO) Partner Veronica Arce-Balisi (VAB) welcomed participants and shared updates and developments on proliferation financing.

Royal United Services Institute (RUSI) for Financial Crime & Security Studies research fellow Emil Dall introduced proliferation financing, and its regional and country specific factors and risk exposures. He also presented trends, indicators and case studies related to proliferation financing. RUSI Director Tom Keatinge discussed the significance of raising awareness on proliferation financing. He emphasized the importance of the collaboration between public and private sectors that lead CPF initiatives. He also spoke on the incorporation of CPF tools in compliance programs.

Financial Services Risk Management Partner Ian Lauron shared how machine learning and artificial intelligence can be integrated in combating money laundering, terrorist financing and proliferation financing.

The forum was organized by the SGV AML Working Group and FSO Advisory Team led by VAB, together with Directors Meliza Deniega and Aeron Paul Ramos; Senior Associate Erika Teh; and Associates Geraldine Co, Rachel Grace de Castro, Laurene Lou Ramos, Radelaine Czarina Borreta, Matt Joshua Montoya, Charline Gonzales, Mark Dennis Salapare, and Gene Carlo Marquez.