Some 298 delegates representing 173 companies attended FinanceAsia's Compliance Summit Southeast Asia at The Westin in Singapore on August 24.
A selection of speakers offered up-to-date advice on a range of complex issues including Iranian sanctions, cybercrime, KYC and anti-corruption best practices.
Reubon Khoo, head of Association of Southeast Asian Nations (Asean) fraud investigations and disputes for EY, opened the conference and advised delegates to be flexible when implementing their compliance procedures.
Khoo’s opening was followed by a panel on fighting and investigating corruption. Later in the morning, delegates heard from Raja Bose, administrative partner, and Andre Jumabhoy, counsel, both from K&L Gates. The two spoke about the complex world of Iranian sanctions and stressed that companies can no longer afford to be relaxed about due diligence.
Glenn Gunara Chen, executive director, fraud investigation and dispute services at EY Singapore, spoke in a session on cybercrime. There are two kinds of companies, he said: those that have been hacked and those that will be hacked.
For a gallery of photographs from the event, please click here.
