This conference will address the phenomenon of the automation of anti-money laundering (AML) compliance by means of artificial intelligence (AI) tools. In recent years, the financial services industry and the academic community have shown growing interest in AI, particularly machine learning, for AML compliance purposes. The objective of the event is to look into the opportunities those new technologies offer to fight financial crime, while tackling the challenges that arise from their use for the purpose of complying with AML regulations. By exploring the technical opportunities and the legal challenges of AI in the field of AML, the conference aims at fostering a broader and more in-depth debate on this evolution.
This multidisciplinary conference will gather legal as well as IT scholars, compliance practitioners and policy makers. The panels will focus on the use of AI for the purpose of implementing know-your-customer requirements and detecting suspicious transactions, the balance that needs to be found with data protection (GDPR) compliance, as well as the quest for explainability of AI-generated AML compliance decisions.
Location
online: The link to join the seminar will be sent to all registered attendees on the business day before the event
in person:
University of Luxembourg
Campus Kirchberg - Weicker Building
room A401 (4th floor)
4, rue Alphonse Weicker, L-2721 Luxembourg
Language
English
