Information
The Forum
IMH is organising the 7th International Compliance Forum to discuss the latest challenges facing the global compliance and ethics community. The Forum is intended as a platform to help facilitate discussions on the benefits of compliance management in business and more importantly, the return on investment of compliance. This year’s Forum will welcome a number of high-caliber international speakers who will discuss the changing role of compliance over the years, and how effective compliance management can lead businesses into the future.
Introduction
The compliance landscape in 2021 is filled with truly unique challenges as the COVID-19 pandemic continues to influence the operating landscape for organisations across the world, and the focus for businesses turns to preparing for a post-COVID-19 environment. An evident result of the crisis has been the additional responsibility placed on compliance professionals to identify, mitigate and remediate newly introduced risks to business operations. COVID-19 consequences proved beyond reasonable doubt that compliance function has been the key function to address effectively the associated risks with this pandemic, but most importantly, drive risk accountability and ownership by all businesses in the new era as the global economy restarts and sets stronger foundations for the future.
Disruptions caused by the pandemic require the exploration of innovative business approaches to generate sustainable revenue streams in well-governed institutions. Many of these opportunities focus on alternative business arrangements and go-to-market strategies that often carry substantial compliance risks for a company. These unchartered territories may cause increased misconduct by companies as they feel pressure to bypass processes to get back to “business as usual”. And while enforcement may have slowed given the challenges of collecting evidence and interviewing witnesses, regulators remain focused on charging corporations and individuals for misconduct. Maintaining an effective compliance programme therefore remains of outmost importance as companies continue to operate throughout the COVID-19 crisis, and so business leaders must focus on addressing the most significant risks to their organization, both during and following this pandemic, to help protect the business and allow it to emerge post-COVID-19 on a much stronger and sustainable ground.
Disruptions caused by the pandemic require the exploration of innovative business approaches to generate sustainable revenue streams in well-governed institutions. Many of these opportunities focus on alternative business arrangements and go-to-market strategies that often carry substantial compliance risks for a company. These unchartered territories may cause increased misconduct by companies as they feel pressure to bypass processes to get back to “business as usual”. And while enforcement may have slowed given the challenges of collecting evidence and interviewing witnesses, regulators remain focused on charging corporations and individuals for misconduct. Maintaining an effective compliance programme therefore remains of outmost importance as companies continue to operate throughout the COVID-19 crisis, and so business leaders must focus on addressing the most significant risks to their organization, both during and following this pandemic, to help protect the business and allow it to emerge post-COVID-19 on a much stronger and sustainable ground.
Speakers
Mr Marios Skandalis
FCCA, CFC, CFE, FICA, FCG, Director of Compliance Division
@ Bank of Cyprus Group, Chairman - Cyprus Integrity Forum
FCCA, CFC, CFE, FICA, FCG, Director of Compliance Division
@ Bank of Cyprus Group, Chairman - Cyprus Integrity Forum
Mr Robert Hodgkinson
Senior Strategic Adviser
@ Institute of Chartered Accountants in England and Wales, UK
Senior Strategic Adviser
@ Institute of Chartered Accountants in England and Wales, UK
Mr Adam Turteltaub
Chief Engagement and Strategy Officer
@ The Society of Corporate Compliance and Ethics and Health Care Compliance Association, US
Chief Engagement and Strategy Officer
@ The Society of Corporate Compliance and Ethics and Health Care Compliance Association, US
Mr Constantinos Trikoupis
Assistant Director, Head of the Supervisory Governance & Authorisations Department
@ Central Bank of Cyprus
Assistant Director, Head of the Supervisory Governance & Authorisations Department
@ Central Bank of Cyprus
Mr Nicola Passariello
Financial Crime Compliance Practice Lead for Southern Europe
@ Bureau van Dijk - A Moody’s Analytics Company
Financial Crime Compliance Practice Lead for Southern Europe
@ Bureau van Dijk - A Moody’s Analytics Company
Sponsors
Main Sponsor
Bank of Cyprus Group
The Bank of Cyprus Group is the leading banking and financial services group in Cyprus, providing a wide range of financial products and services which include retail and commercial banking, finance, factoring, investment banking, brokerage, fund management, private banking, life and general insurance. The Bank of Cyprus Group operates through a total of 91 branches in Cyprus, of which 11 operate as cash offices. Bank of Cyprus also has representative offices in Russia, Ukraine and China. The Bank of Cyprus Group employs 3,558 staff worldwide. At 30 June 2021, the Group’s Total Assets amounted to €24.2 bn and Total Equity was €2.1 bn. The Bank of Cyprus Group comprises Bank of Cyprus Holdings Public Limited Company, its subsidiary Bank of Cyprus Public Company Limited and its subsidiaries.
Sponsor
Bureau van Dijk, a Moody’s Analytics company
Bureau van Dijk, a Moody’s Analytics company captures and treats company information for better decision making. We provide extensive company data, corporate ownership structures and adverse data and media that delivers information on your customers, business partners and the individuals behind them. Orbis, the world’s most powerful comparable data resource on private companies, contains information on about 400 million companies; including directors, company structures, beneficial owners, PEPs, Sanctions, adverse news.
Sponsor
eBOS Technologies Ltd
eBOS Technologies Ltd is a well-established, innovative Information Technology SME, offering, since 2003 technologically-advanced e-business software solutions to more than 500 enterprise customers worldwide. Headquartered in Cyprus, we pride ourselves for being the pioneers in RegTech and FinTech, providing a broad range of avantgarde e-business solutions to forward-thinking enterprises, through our state-of-the-art, WiseBOS Enterprise Resource Planning (ERP) suite. An advanced, modular regulatory technology platform that enables businesses to simplify and automate their internal procedures, improve their performance and corporate value, boost their productivity, reduce operational expenses and effectively adapt to the complex and highly demanding regulatory framework, by adhering to laws and regulations. We at eBOS, empower digital transformation!
Sponsor
ECOMMBX
Designated to satisfy all your e-banking needs, our innovative serving model, enables customized connections with banking partners in most countries, ensuring that your transactions are carried out in most cost-effective and secure manner. At ECOMMBX we specialize in B2B e-account management, cross-border payments and competitive currency conversions. Our network connects to the best of the global banking industry using advanced technology and provides access to service of the highest quality with stringent security and speed!
Sponsor
Infocredit Group
Infocredit Group is a leading provider of commercial and credit information, offering high-quality flexible solutions for Regulatory Compliance, Credit Risk Management, Debt Recovery, Call Centre Services, Corporate Governance, Training and Consulting. With a focus on the global shift towards transparency, it aims to empower businesses and to protect them from risky scenarios and transactions by verifying identity, prevent fraud, secure commerce and to comply with local and international AML and CFT laws. Through its exclusive strategic partnership with LexisNexis Risk Solutions (part of RELX Group, global provider of business analytics), it offers superior solutions including industry’s leading “WorldCompliance” Data which entails more than 2.5 million detailed profiles linked to more than 50 risk categories (i.e. sanctions, money[1]laundering, PEPs), Adverse media, Wanted Individuals and State-Owned Entities. www.infocredigroup.com
Sponsor
Ispiral
A leader, mentor, and visionary, Christos is responsible for formulating the strategic vision, executing our business objectives, and building and guiding the iSPIRAL team. Christos has an academic and working background in the USA and Cyprus where he gained valuable experiences and knowledge on the sector of regulatory technology on a global scale. As of lately, his primary focus is on experimenting with new technologies such as BI analytics, machine learning and blockchain, embedding them to iSPIRAL’s solutions, aiming for breakthrough automated solutions that will revolutionise the way firms operate compliance and risk wise.
Sponsor
MAP S.Platis
MAP S.Platis is a leading financial services consulting Group with clients that include regulators, banks, funds and fund managers, investment firms, brokers, fintech firms, insurance firms and payment and electronic money institutions. Our expert team, currently comprising over 400 high-calibre professionals, provides unique and tailored solutions in licensing, regulatory compliance, risk management, internal audit, human resources, regulatory technology, information technology, business resilience, information security including cybersecurity, governance, executive training and innovation consulting to financial and other firms in the UK, Cyprus, Hong Kong and the EU. www.mapsplatis.com
Sponsor
Prospectacy
Prospectacy provides personal and corporate financial services that will help you make the most of the ever-shifting global economy. Whether you are considering investing, planning, and managing your personal wealth portfolio, our dedicated team of professionals will give you a competitive edge. Our proficiency includes personal and corporate taxation issues, property management, trust and inheritance planning and implementation, and many corporate services that can help you run your business, locally and internationally. If you are looking for a firm with the knowledge and professionalism, that offers complete services, look no further than Prospectacy LTD.
Sponsor
Treppides Group of Companies
LiveOn