Home | The Pan Asian Regulatory Summit

Benchmark best regulatory practices and innovation with the largest community of regulatory experts in Asia

350+
Attendees

1 Day

of Programming

1 Day

of Programming

1 Day

of Programming

40+
Speakers

70%
VP & Higher Decision-Maker

The ALB Hong Kong Regulatory Summit returns for 2025 following the success of last year’s inaugural event!

Amid rapid economic digitisation and new technologies rapidly evolving, financial crime is becoming more sophisticated, posing an ever-growing threat as the damage goes well beyond the financial aspect. Global financial crimes in 2023 led to staggering estimated losses ranging from US$1.6 trillion to US$3.1 trillion, and the United Nations Office on Drugs and Crime further estimates that 2-5% of global GDP—equivalent to up to US$2 trillion—is laundered annually. Hong Kong is not immune to this challenge. Recent statistics from the Hong Kong Police Force revealed over 19,000 cases of deception within just the first half of 2024, equating to 44% of the region’s total crime and resulting in a staggering HK$4.48 billion loss.

The rise of financial crime has highlighted the need for advanced, proactive compliance solutions, and AI is at the forefront of this transformation. The future of anti-money laundering compliance will be fundamentally shaped by AI as financial institutions increasingly turn to AI-driven tools to enhance detection, prevention, and response capabilities. By adopting AI-powered solutions, financial institutions can go beyond traditional measures of crime prevention, leveraging AI for increased efficiency, scalability, and adaptability to the shifting regulatory landscape. Those that lag behind will risk losing their competitive edge in an industry that is rapidly moving toward technological dependence to combat financial crime effectively. With financial crime continually evolving, what can we expect in 2025, and how should we prepare?

Against the backdrop of geopolitical tensions in the Middle East, Ukraine, and the US-China relationship, this summit offers a timely platform for key industry players to navigate evolving regulatory expectations, discuss emerging compliance challenges, and share strategies to foster a robust culture of compliance. Topics covered will range from risk-based monitoring approaches that prioritise oversight in high-risk areas to the integration of AI in regulatory practices, aimed at enhancing efficiency in combating financial crime, money laundering, and terrorism financing.

Regulatory activity in various jurisdictions is hotting up as geopolitical turmoil shows no sign of abating, coupled with economic instability, which presents serious challenges for financial institutions. Businesses anticipate an increase in financial crime risks in the current environment. It’s an intricate mosaic of challenges where the forces of money laundering, corruption, fraud, and financial crime pose formidable threats and require compliance vigilance.

The billion-dollar money laundering case in Singapore raises questions about how illicit activity could have slipped under radar but also underscores the critical importance of robust frameworks and continuous refinement of regulations to meet compliance challenges. AI offers exciting promises in this realm but has introduced novel forms of cyber threats, data privacy, financial fraud, and other regulatory challenges at a faster pace than ever before. Making a RegTech switch is always a challenge with legacy systems, data silos, and internal collaboration roadblocks that inflate compliance tasks and costs.

Join us as we dissect the latest developments and equip you with the tools to thrive amidst uncertainty. The ALB Pan Asian Regulatory and Anti-Corruption Compliance Summit 2024 returns, bringing together distinguished anti-money laundering experts, chief compliance officers, regulators, and thought leaders for a day of profound discourse and networking in Singapore while navigating these challenges collectively.

From exploring the interplay between automation and fraud to delving into the intricacies of sanctions compliance, the agenda encompasses a diverse array of topics designed to empower attendees on risk management, emerging trends, and real-world compliance issues, as striking the right balance between fostering innovation and safeguarding stability remains a conundrum.