Fireside Chat: Unknown Risks in M&A – AML Screening and Due Diligence for Corporate Finance

Fireside Chat: Unknown Risks in M&A – AML Screening and Due Diligence for Corporate Finance

Fireside Chat: Unknown Risks in M&A

AML Screening and Due Diligence in Corporate Finance

Date: Thursday, August 13, 2020 | 10am PST – 1pm EST – 7pm CET

 

How can firms manage unknown risks as compliance regulations evolve and financial crimes grow more sophisticated?

M&A transactions inevitably pose some level of risk between buyers and sellers. More often than not, M&A transactions are time-sensitive with significant pressure from all sides.

This can often lead to corners being cut during financial crime, money laundering, and terrorist financing due diligence. However, regulatory actions, shareholder lawsuits, and criminal charges can overshadow a deal even years after it has been closed.

Financial crime units and law enforcement have increased their focus on M&A in private capital markets transactions as vehicles for money laundering and financing terrorism. This has raised the bar and heightened regulatory expectations of what is required by all parties involved in a transaction.

Join “Unknown Risks in M&A — AML Screening and Due Diligence in Corporate Finance” session featuring AML and due diligence experts from the M&A industry. In this session, we will cover:

  • Regulators expectations of the acceptable level of due diligence
  • How to take a big picture view of all counterparties in a transaction
  • Preparing due diligence for corporate governance review
  • Remediating insufficient data documentation
  • When to seek independent counsel


We invite you to join us for this Fireside Chat on August 13 featuring an exciting lineup of panelists to learn more about the unknown risks in AML and due diligence for corporate finance M&A transactions

Panelists:

  • Matthew Unger, CEO at iComply
  • Gueorgui Gotzev, Partner at Kohler Gotzev
  • Alex Duperouzel, Managing Director at Compliance Asia
  • David Vijan, CRO at Outlier Solutions

Moderated by: Andrew Weiner, Head of Sales at iComply

About iComply
iComply Investor Services Inc. (“iComply”) is a Regtech company that provides fully-digital KYC and AML compliance solutions for non-face-to-face financial and legal interactions. iComply enables financial services providers to reduce costs, risk, and complexity and improve staff capacity, effectiveness, and customer experience. By partnering with multinational technology vendors such as Microsoft, DocuSign, Thomson Reuters and Refinitiv, iComply is bringing compliance teams into the digital age. Learn more: www.icomplyis.com

 

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Vancouver, B.C. – July 28, 2020 – iComply Investor Services (“iComply”), a leading regtech software provider, is pleased to announce its listing in the Financial Industry Regulatory Authority (FINRA) Compliance Vendor Directory, which features vendors offering products, solutions, and services to firms overseen by the US regulator. 

“iComply is dedicated to making the financial markets more robust, secure, and efficient,” said Matthew Unger, CEO and Founder of iComply Investor Services. “This listing in the FINRA Compliance Vendor Directory is an exciting moment in the company’s history as we continue to expand our client base and work with US firms to digitize their back office.”

iComply’s compliance management solutions offer institutional-grade identification and risk mitigation tools that support the complete AML compliance lifecycle for clients in industries ranging from professional services to online banking, capital markets, payment processing, trading platforms, virtual assets, as well as government and enterprise.

FINRA is an independent, government-authorized, not-for-profit organization that oversees U.S. broker-dealers. FINRA works under the supervision of the Securities and Exchange Commission (SEC) and writes and enforces rules, examines firms for compliance, fosters market transparency, and educates investors.

The Compliance Vendor Directory features companies specializing in: compliance consulting, cybersecurity, data management, information archiving, exam prep & firm CE, insurance brokers, monitoring & surveillance, PCAOB registered accountants, and registration services.

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iComply was chosen from a competitive pool of applicants to showcase its offerings to more than 4,500 attendees at the largest gathering of derivatives industry professionals in the world. The Innovators Pavilion provides each FIA Innovator with a Tech Pod on the Expo show floor that can be used to display its services. iComply will also be featured in the official conference guide, the FIA’s service provider directory, and the event app. In addition, five FIA Innovators will be chosen to take part in a Meet the Innovators competition in which each company will have five minutes to pitch its services to Expo attendees. Following the competition, a panel of judges will select one company as the FIA Innovator of the Year and award that firm a prize of cash and other resources valued at more than $20,000.   

This year’s Innovators Pavilion is sponsored by Amazon Web Services and supported by several fintech organizations and angel investor groups, including Fintech Sandbox, FinTEx, Hyde Park AngelsRise New York and Seismic Foundry.

“I’m proud to announce that iComply was chosen to be featured in the 2018 class of FIA Innovators,” said Matt Haraburda of XR Trading, chairman of the Innovators Pavilion selection committee and executive committee member of the FIA Principal Traders Group (FIA PTG). “iComply…represents some of the most progressive and forward-thinking work being done in fintech related to cleared derivatives. I’m looking forward to seeing their work showcased at Expo.”

With more than 4,500 people attending each year, the FIA Expo is the largest gathering of derivatives industry professionals in the world. Attendees include senior executives from brokerage firms, exchanges, trading firms, and service providers, and the exhibit hall typically attracts more than a hundred firms as exhibitors.

iComply and other Innovators were selected on the basis of applications that were submitted and reviewed by a committee of industry experts assembled by FIA.  

View the full list of FIA Innovators here.  

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About FIA
FIA is the leading global trade organization for the futures, options and centrally cleared derivatives markets, with offices in London, Singapore and Washington, D.C. FIA’s membership includes clearing firms, exchanges, clearinghouses, trading firms and commodities specialists from more than 48 countries as well as technology vendors, lawyers and other professionals serving the industry. FIA’s mission is to support open, transparent and competitive markets, protect and enhance the integrity of the financial system, and promote high standards of professional conduct. As the principal members of derivatives clearinghouses worldwide, FIA’s member firms play a critical role in the reduction of systemic risk in global financial markets.

About iComply Investor Services Inc.
iComply Investor Services Inc. (iComply) is an award-winning software company focused on reducing regulatory friction in the capital markets. With powerful data, verification, tokenization solutions, iComply helps companies overcome the cost and complexity of multi-jurisdictional compliance to effectively access new markets. Learn more: iComplyIS.com

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