SOME 70 Dutch AFC bodies recently gathered in Utrecht for ‘Leaders in Finance AML Event 2024’
The summit, which included insights from the likes of Rabobank AFC boss Philippe Vollot, focused on the themes of data sharing, collaboration and the potential of artificial intelligence.
It took place at Fort Voordorp in Groenekan on October 3, and also heard from executives at the likes of Deloitte, NVB and ING, as well as the Dutch Data Protection Authority.
Polling attendees, the conference found that leading concerns for Dutch financial crime fighters included the jailing of Swedbank’s former CEO, the dismantling of the AML banking initiative TMNL, and a move to ban cash payments of more than €3,000 in the Netherlands.
Giving the conference’s keynote address, Philippe Vollot said public-private partnerships, involving cooperation between banks, regulators and law enforcement, are key to stopping financial crime.
He also discussed how he felt that criminal investigations into bankers can actually hinder AML efforts.
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