Information Exchange: SWIFT Customer Security Programme 
20 March 2017 | 4PM 

In response to a series of cyber security incidents targeting the SWIFT community, new mandatory security requirements will be enforced across the SWIFT user base.

We recommend that you review this important summary about the new SWIFT Customer Security controls, some of which are mandatory and will require your business to take action.

Bottomline welcome you to our initial information exchange, where we will brief you on the upcoming regulatory changes and the actions required by you as a SWIFT user.

Join us for this webinar, you will learn:

• What is driving the change for security across the SWIFT network
• What deadlines you need to adhere to
•  How you can strengthen protection and reduce the risk of fraud
• What steps you need to take to comply to the proposed security controls

Schedule

Date:  Monday 20 March 2017
Time: 4PM  (25 Minutes + 5 Minutes Q&A) 

Featured Speakers

Combating money laundering can be costly, complicated, and prone to error. It requires that organizations perform appropriate due diligence, including screening financial transactions for suspicious activity, and checking customers against global sanctions lists. High risk customers must be monitored with an additional level of scrutiny. If not done or done incorrectly, organizations are left at risk.

Combating money laundering can be costly, complicated, and prone to error. It requires that organizations perform appropriate due diligence, including screening financial transactions for suspicious activity, and checking customers against global sanctions lists. High risk customers must be monitored with an additional level of scrutiny. If not done or done incorrectly, organizations are left at risk.

Combat money laundering and financing of terrorism by monitoring financial transactions for suspicious activity. Track activity across multiple accounts for the same entity, match against imported lists (OFAC, FATF, NCCT, PEP, etc.), and use pre-configured rules to generate alerts required to comply with AML/CFT regulations.

Functionality

• Structuring – a customer who attempts to hide the size of reportable cash transactions by breaking them into multiple, smaller transactions.
• Suspicious currency-related transactions.
• Potential Money Service business activity.
• Major changes in customer behavior compared to previous patterns.
• Link analysis to find a group of customers and accounts with suspicious relationships and/or transactions.