The forum will welcome 600+ senior decision makers seeking the latest advice, guidance and information from leading subject matter experts, industry leaders, visionaries and academics.
FinCrime Miami will address issues and challenges unique to the region, as well as addressing global issues that affect organisations wherever they are based.
FinCrime Miami will feature over 50+ expert speakers, who will participate in presentations, panel discussions and debates, delivering unique insights and actionable content to ensure attendees leave with valuable strategies and roadmaps.
The forum will adapt to the new-normal and will introduce new key features to support delegate safety and also maximise delegate and sponsor engagement times.
FinCrime Miami has limited sponsor opportunities with only 20 available.
More entrepreneurs and investors are relocating from traditional tech hubs to emerging startup ecosystems.
Miami—with its tropical climate, diverse population and lack of state income tax—has suddenly become a tech hot spot.
Miami’s geographic location on the coast and near Latin America, its large airport, and being home to Florida International University and University of Miami are part of what makes it a good place to do business
Blackstone Group, the large private equity firm, signed a long-term lease in October for office space in downtown Miami. Deutsche Bank previously established a sizable beachhead office complex in Jacksonville, Florida. Also, Billionaire Carl Icahn has relocated to Florida and Citadel, D1 Capital Partners are planning their relocation as we speak. Paul Singer has moved his hedge fund Elliot Management.
Ken Moelis, the CEO of investment bank Moelis who has also relocated in a recent Bloomberg report explained why so many companied are moving to Florida. “We’re a talent business. I want to attract, motivate and retain the greatest talent in the world. If that talent wants to do it in Florida, that’s were we will support them.”
A recent survey of Wall St Banks showed at least 20% are relocating workers.
The first 100 days of the new US Administration are upon us, and saw the enactment of the Anti Money Laundering Act – the first major piece of AML legislation passed since 2004.
Experts call the US renewed dedication to cleaning up dirty money one of the most consequential AML efforts in recent history. This has lead to a string of new initiatives.
New Beneficial Ownership Disclosure Requirements
Significantly Enhanced Whistleblower Incentives
Expanded Subpoena Authority
New Penalties for Concealing Transactions Involving Senior Foreign Political Figures
Key changes include enhancements to the system for filing suspicious activity reports (SARs), whistle blower protections and rewards, new reporting requirements for banks and financial institutions, and of course, the increased penalties for organisations that fall afoul of the legislation.
Because money laundering is a global, cross-border phenomenon, the US alone cannot stamp it out; what happens there sets a precedent for the rest of the world, who themselves are increasingly scrutinising AML systems. Technology creators and developers are best poised to help regulators understand the specifics of how AML technology actually works in order to establish robust and inclusive guidelines around its detection. FinCrime Miami will give vendors the opportunity to inform and enlighten.