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Hong Kong | 08. 07. 2019

2019 KYC & CDD (half-day) Forum

Know your Customer (KYC) & Client Due Diligence (CDD) are at the heart of financial crime risk management within the financial services industry. Regulators are increasingly focused on the quality and appropriateness of KYC & CDD carried out both at client on-boarding and review stage. After many years of legislative pressure, financial services businesses are still wrestling with the challenges presented by complex business models and relationships. This half-day forum will examine key issues faced by those working within this field.

2019-07-08 08:30:00 2019-07-08 12:30:00 Europe/London 2019 KYC & CDD (half-day) Forum The Ritz-Carlton, Hong Kong JIBS Events bookings@jerseyibs.com
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Overview

Know your Customer (KYC) & Client Due Diligence (CDD) are at the heart of financial crime risk management within the financial services industry. Regulators are increasingly focused on the quality and appropriateness of KYC & CDD carried out both at client on-boarding and review stage. After many years of legislative pressure, financial services businesses are still wrestling with the challenges presented by complex business models and relationships. This half-day forum will examine key issues faced by those working within this field.

This KYC forum will look at practical ways in which businesses may streamline KYC processes through technology and best practice. Hearing from industry experts, delegates will increase their knowledge and have a greater understanding of the regulator’s expectations in relation to KYC & CDD in addition to understanding international best practice. This forum will also explore developing themes in the use of technology as well as identifying red flags when carrying out KYC and CDD.

With specialist speakers from the local financial services industry, this event will be practical, topical and informative.

Learning outcomes

Having attended this event, delegates will:

  • have a greater understanding of the regulator's expectations in relation to KYC & CDD
  • greater appreciate the risk of failures in KYC & CDD policy and procedure
  • be better informed as to the appropriate use of technology in carrying out effective KYC & CDD

Pricing & Discounts

Price: USD 325
Discounts: 10% for ICA & STEP members

2019-07-08 08:30:00 2019-07-08 12:30:00 Europe/London 2019 KYC & CDD (half-day) Forum The Ritz-Carlton, Hong Kong JIBS Events bookings@jerseyibs.com
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Event Schedule

Registration & Refreshments

08:15 – 08:30

Chairman's opening address

Chris Usher, Chief Executive Officer of Jersey International Business School

08:30 – 08:45

Developments in KYC best practice in Hong Kong

08:45 – 09:15

Is a Blockchain KYC utility the future?

Henry Yu, Founding Partner at L&Y Law Office

09:15 – 09:45

Panel discussion

09:45 – 10:15

Refreshment break

10:15 – 10:45

Real-world KYC challenges for financial services firms in Hong Kong

10:45 – 11:15

Emerging risks in KYC

11:15 – 11:45

Panel discussion

11:45 – 12:15

Chairman's closing address & summary of key takeaways

Chris Usher, Chief Executive Officer of Jersey International Business School

12:15 – 12:30
2019-07-08 08:30:00 2019-07-08 12:30:00 Europe/London 2019 KYC & CDD (half-day) Forum The Ritz-Carlton, Hong Kong JIBS Events bookings@jerseyibs.com
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Event Speakers

Chris Usher 400 X 400

Chris Usher

Chief Executive Officer of Jersey International Business School

Chris has over 20 years’ experience in international financial services, working both in the UK and offshore, for major financial institutions such as Barclays Wealth and Santander.

Formerly an International Investment Manager he advised both individuals and corporate entities on complex investment scenarios. He now specialises in delivering training in investment management, taxation and regulatory matters in international finance centres around the world.

Chris is a specialist chairman of a number of high-profile events, including conferences such as the Annual Compliance & Economic Crime Symposium and the International Taxation Conference. As an expert in the financial crime risks posed to international offshore financial centres, Chris was invited to speak at the Association of Certified Anti-Money Laundering Specialists (ACAMS) conference on the topic of ‘Understanding the Criminal Vulnerabilities of Offshore Products and Services’.

400 X 400 Henry Yu

Yu Pui Hang

Founding Partner at L&Y Law Office, in association with Henry Yu & Associates

Mr. Yu is one of the founding partners of L & Y Law Office and the sole proprietor of Henry Yu & Associates. He obtained his bachelor of law degree in England and is qualified as a solicitor in both England and Wales and Hong Kong. Mr. Yu has also obtained qualification from the Chartered Institute of Management Accountants.

Mr. Yu served as the Deputy Head of Legal Counsel of a major investment bank after he had worked for various international and Magic Circle law firms. Mr. Yu has rich experience in handling legal matters relating to corporate and commercial transactions, IPO, mergers and acquisitions, private equity investment, financing, fund formation, regulatory, licensing and commercial and shareholders’ disputes etc.

Over the recent years, Mr. Yu has developed strong interest in the blockchain industry and his enthusiasm and insightful views have been affirmed widely by various professional bodies. Mr. Yu is a member of the Innotech Committee (formerly known the Technology Committee) of the Law Society of Hong Kong, and has also been appointed as the Hon. Legal Advisor to The Hong Kong Federation of Innovation an Invention, Hon. Legal Advisor to the Institute of Financial Technologists of Asia and Hon. Legal Advisor to the Bitcoin Association of Hong Kong. From time to time, Henry represents the Bitcoin Community at meetings with the Legislative Council Members, The HKMA and the FTSB.

My. Yu currently serves as an independent non-executive director for Amuse Group Holding Limited (stock code: 8545) and Hyfusin Group Holding Limited (stock code: 8512)

2019-07-08 08:30:002019-07-08 12:30:00Europe/London2019 KYC & CDD (half-day) ForumThe Ritz-Carlton, Hong KongJIBS Eventsbookings@jerseyibs.com

The Ritz-Carlton, Hong Kong

International Commerce Centre, 1 Austin Road West, Hong Kong, China

2019-07-08 08:30:00 2019-07-08 12:30:00 Europe/London 2019 KYC & CDD (half-day) Forum The Ritz-Carlton, Hong Kong JIBS Events bookings@jerseyibs.com

At The Ritz-Carlton, Hong Kong, 80 seconds is enough to journey to a different world. The elevator ride to the 102nd floor of Kowloon’s International Commerce Centre brings guests to the hotel lobby, where a ceiling mural and panoramic city view are among the first things to capture their attention. This inclination to look outward pulls at guests throughout their stay, as nearly every area of the hotel embraces its location among the clouds.

  • Dining including the two Michelin-starred Tin Lung Heen, featuring Cantonese cuisine, and the Michelin-starred Tosca Italian restaurant
  • OZONE rooftop lounge with sweeping views over the city, Asian tapas, creative cocktails, Sunday brunch and dance parties featuring popular DJs
  • 116th-floor spa with water and skyline views and treatments employing advanced skincare technology alongside traditional massage techniques
  • Indoor infinity pool with a mirrored ceiling and LED wall display
  • 17,000 square feet of meeting and event space including a large ballroom and foyer, a rooftop lounge and Sky100, located three levels down in the ICC
  • Spacious guest rooms, one- and two-bedrooms suites and Club Level accommodations, all with different views of the city or water
Ritz Carlton Hong Kong 1