We all know that KYC is a painful, expensive and resource usurping activity. With the arrival of blockchain banks, corporates and fintechs rushed out to solve this seemingly easy problem but it turned out to be not so simple.
On Thursday, July 22nd 2021, the Financial Services Committee will be hosting an update session with industry speakers where we will be hearing from the Monetary Authorities of Singapore, Swift as well as fintech company Identitii on the way forward as well as where technical solutions have already been successfully applied.
4.45 pm Webinar Waiting Room Opens
5.00 pm Welcome Remark by Mr Greg Huguet, Chair of the Financial Services Committee
5.05 pm The Monetary Authority of Singapore: Applications of national digital identity services in the financial sector by Ken Chua
5.20 pm SWIFT: KYC Registry for Correspondent Banking and corporate-to-bank on-boarding by Avalon Ingram
5.35 pm Identitii, Developing blockchain-based solutions for KYC processes by Ben Buckingham
5.50 pm Moderated Panel Discussion and Q&A by Carl van der Elst, Co-Chair of the Financial Services Committee
6.05 pm Closing Remarks by Carl van der Elst, Co-Chair of the Financial Services Committee
Deputy Director, FinTech and Innovation Group
Monetary Authority of Singapore
Ken Chua joined the FinTech and Innovation Group of Singapore’s central bank in 2016. He is part of the FinTech Infrastructure Office, which is responsible for regulatory policies and strategies for developing safe and efficient technology-enabled infrastructure for the financial sector. He leads the FinTech regulatory sandbox program to enable experimentation of innovative technology applications in financial services and works on national level initiatives such as the national digital identity.
Prior to joining MAS, Ken spent more than 10 years in the technology industry and held various roles in engineering, IT, regional strategy, program management, business development and operations.
Avalon is currently a Commercial Director in the Financial Crime Compliance, Intelligence and Cyber team having re-joined SWIFT in 2019. In this role, she is responsible for the adoption of portfolio products across ASEAN as well as community enrichment through educational engagements. She has 7 years of experience in financial crime compliance having started her career at Dow Jones providing AML, Sanctions and ABC solutions to sub-Saharan Africa. Avalon initially joined SWIFT in 2016 working in the UKI & Nordic markets.
In the years away from SWIFT, she joined a Regtech startup that focused on elements of AI and Natural Language Processing delivering a multisource KYC platform to the banking sector. Avalon also sits on the board of the Regtech sub-committee of the Singapore Fintech Association.
Ben runs product and partnerships at Identitii, a fintech company providing trust and transparency in financial services. Identitii’s Overlay+ platform allows institutions to securely share payments and compliance information to support correspondent banking services, payment operations and regulatory reporting. Identitii is a winner of the SWIFT Innotribe Industry Challenge on Compliance and has been a participant in the Mastercard Start Path Program.
Ben started his career as a banking and finance lawyer at Allens Linklaters, working as an advisor to financial institutions, before moving to management consultancy McKinsey and Company, where he worked with leading companies on strategy, operations and marketing & sales. Ben holds a Bachelor of Science and Bachelor of Laws from the University of Sydney with first class honours.
Carl van der Elst
Deutsche Bank AG, Singapore Branch
Carl van der Elst is currently within Deutsche Bank responsible for the coverage of our European multinational clients active in the Asia Pacific region in addition to his role as the Head of Corporate Cash Management for the ASEAN region. Originally from Holland, Carl has lived in Asia for almost 20 years, with the majority of his time spent in China. Carl joined Deutsche Bank in Beijing in 2008 after previously working at Credit Suisse and ING. Carl has a Masters in Law from Leiden University and an MBA from UC Berkeley. Carl is fluent in Dutch, English and German while conversant in French and Mandarin.
Student tickets are available for this event.
Students from partnering universities are invited to join, free of charge. Partnering universities; NUS, NTU, SMU, EDHEC, ESSEC, IMD & INSEAD.
There are limited student tickets available and are subject to correct registration details.
- Please sign up with your university-issued email address
- Enter your institution under “company”
- Enter your major/ programme under “designation”
- Select “Complimentary Student Ticket”
Registration Guidelines –
Please follow these simple steps for easy registration to our webinar.
Step 1: Register below. You will receive an automated registration confirmation email from EuroCham.
Step 2: Prior to the event, a Zoom link will be sent if payment has been received. (Payment by PayPal, PayNow/ PayLah/ QR Code preferred). Please watch out for this second email.
Step 3: Using the link provided in the second email, click on the link 15 minutes prior to the start of the event.
Step 4: We will only admit attendees whose Zoom profiles match their registration names, so please make sure that your Zoom profile corresponds with your registration name.
Thank you for your understanding.
Kindly note that there are limited seats available, registration is binding and payment is non-refundable. The organisers reserve the right to change the programme content without giving prior notification or any reasons thereof.