Master the AI-driven tools and machine learning strategies transforming anti-money laundering, optimizing KYC workflows, and modernizing financial crime detection frameworks.
Artificial intelligence is rapidly transforming how financial institutions detect and manage financial crime, particularly in AML and KYC compliance functions. However, for many practitioners, the underlying technologies remain unclear, creating challenges in oversight, governance, and regulatory confidence.
This introductory session demystifies AI in the AML context, explaining key concepts such as machine learning, generative AI, and automation in practical terms. It explores how AI is being applied in customer due diligence, transaction monitoring, risk scoring, and document analysis, while also addressing regulatory expectations, governance requirements, and the importance of human oversight.
Key Topics Discussed
Financial Crime Risk and Compliance Specialist
Michael is an independent financial crime risk consultant at FCC Consulting and works with technology and data companies who provide anti-money laundering and anti-bribery compliance solutions. With a career spanning four decades in international business, Michael offers unique insights into the changing geo-political risk landscape, the evolution of financial crime regulation, the genesis and development of AML and ABC regulation, and how data and technology can empower organisations. Michael is a regular writer, speaker and contributor on financial crime topics in the media. Since 2008 Michael has specialised in the financial crime compliance sector, providing risk intelligence data and technology and subject matter expertise in KYC/AML in financial services and anti-bribery and corruption risks, KYS, third party on-boarding and ongoing monitoring. He is qualified as an ACAMS certified anti-money laundering specialist. Combining regulatory and technical expertise, anti-money laundering and anti-bribery and corruption legislation knowledge with extensive sales, business development and leadership experience. He has a deep understanding of AML and ABAC controls, processes and procedures for all forms of financial crime compliance including anti-money laundering and countering of terrorist financing regulations and bribery act.
