7th Annual Australian Regulatory Summit
Agenda 29 August 2024 | Hyatt Regency Sydney
Please note: Agenda subject to change
ORANGE STAGE:
Cross-Border Integrity: Global Regulations in Finance, Corporate Crime, and Anti-Corruption
08:00 am
Registration and exhibition open
08:30 am
Welcome remarks from the master of ceremonies
08:40 am
Principal partner welcome
08:50 am
09:25 am
10:05 am
Morning tea
10:35 am
11:15 am
11:55 am
12:30 pm
Lunch and networking in expo
12:55 pm
01:30 pm
02:10 pm
02:50pm
03:25 pm
Afternoon tea
03:55 pm
04:30 pm
05:10 pm
Post Networking Drinks
06:00 pm
Event closed
General session details
Navigating the Evolving Landscape of Financial Regulation: Insights from AUSTRAC
Join , for an update on Tim Lear, Acting Deputy CEO, Regulation and Reform, AUSTRAC, for an update on the latest regulatory changes, and compliance requirements affecting the financial sector in Australia. In this session, Tim will provide valuable insights into AUSTRAC's current priorities and initiatives, as well as practical guidance on how your organization can stay ahead of the curve in meeting regulatory obligations.
Speakers
Redefining Financial Crime Strategies in the AI Era
Technology’s role in financial crime is evolving. No longer is outsourced software the limit. Efficiency and effectiveness are tickets to the game. Real value creation is about risk management outcomes. Technology is a service and AI is the door-opener for the new partnership for financial crime capability roadmaps.
Speakers
Platinum partner spotlight - NICE Actimize
Lunch and learn - Keynote session - AFCA update
Shail Singh Lead Ombudsman Investments and Advice AFCA will talk to the number of complaints AFCA has received in the last financial year, the nature of those disputes, key themes in dispute resolution with a focus on scams, AFCA’s response to the Independent Review, our new discretions framework and the transformation of our IT system.
Speakers
Social Responsibility: tackling online child exploitation and human trafficking in Asia-Pacific
The Asia-Pacific region not only faces challenges with forced labor but is also a critical front in the fight against online child exploitation and human trafficking. With a staggering number of individuals, especially children, vulnerable to these heinous crimes, it is imperative for businesses to understand and address their role in preventing such exploitation within their supply chains.
In this focused session, we will address the urgent issue of online child exploitation and human trafficking. We will examine the latest regulatory measures, industry standards, and collaborative efforts designed to eradicate these forms of modern slavery from APAC supply chains.
Speakers
Looking Sideways: Harnessing Collective Impact for Positive Social Change
A session for corporate leaders and policymakers committed to forging a beneficial legacy for future generations.
In a world often overwhelmed by regulatory complexities and compliance demands, it's easy to perceive these frameworks as hurdles rather than tools for positive change. This session aims to shift this perspective, offering a refreshing outlook on the social and environmental impact of regulation.
Join Suzanne, an esteemed behaviouralist renowned for effecting significant social change, as she demonstrates the power of small, intentional actions in shaping broader outcomes. Through an engaging narrative, Suzanne will illustrate actionable steps toward substantial change, emphasizing that even minor adjustments can catalyze significant outcomes.
Suzanne will recount uplifting stories, including transformative experiences from a Kenyan orphanage, interlacing these with her behavioural science expertise to provide practical insights and tools. This session promises to not only uplift the energy within the room but also to extend the dialogue on regulatory impact beyond the confines of the summit, fostering a durable sense of hopeful responsibility among attendees.
Join this session and leave inspired to envision regulation and compliance as avenues for collective empowerment and impactful leadership, securing a positive legacy for the generations to come
Speakers
"Navigating the ESG Spectrum: Compliance, Risks and Regulations" session details
Legal insights: climate litigation and greenwashing
Australia has the second largest number of climate change proceedings on foot globally, with climate litigation in the Oceania region expected to only continue to increase. ‘Greenwashing’ also continues to be a top enforcement priority for Australian regulators.
In this session, our expert panel will unpack the factors driving these litigation trends, identify strategies for mitigating risks in what is a rapidly changing space, and discuss what the future likely holds for ESG civil litigation and regulatory action.
MSA Australia update: ensuring compliance in 2024 and beyond
Amidst growing concerns over workplace exploitation, wage theft, and visa abuses, the Australian Federal Government has responded with an in-depth review of the Modern Slavery Act (MSA).
Join us for a comprehensive session where we'll delve into the recent updates within the MSA framework in Australia, providing you with the knowledge you need to remain compliant in the year 2024.
Additionally, the session will cover the implications of the EU Corporate Sustainability Directive as we approach its multi-year implementation phase.
The trustee dilemma: ESG integration vs best interest duty
How do trustees reconcile the integration of ESG factors with their duty to act in their members' best interests when the two don't always align?
Associate Professor Scott Donald PhD, CFA, will lead a compelling panel session that tackles the intricate balance trustees must maintain between regulatory ESG integration mandates and the fiduciary duty to prioritize their members' best interests. Through this discussion, we'll examine the exclusive insights and data Scott Donald has collected from Superannuation Annual Members Meetings, providing a unique window into the members' perspectives on ESG factors.
Understanding your obligations concerning the Positive Duty under the Sex Discrimination Act 1984 (Cth) (SDA)
In this session, we will briefly look at:
- the positive duty obligation under the SDA
- the different types of unlawful conduct covered by the positive duty obligation under the SDA
- the Commission’s powers to ensure compliance with the positive duty under the SDA
- the Commission’s approach to regulation of the positive duty under the SDA
- where to find more information
Speakers
Tanya Murphy
Director
Positive Duty
Australian Human Rights Commission
Workplace health and safety compliance: navigating psychosocial hazards at work and understanding your legal obligations
In this session, explore the critical aspects of psychosocial hazards and their impact on health and safety compliance in NSW workplaces. Delve into risk factors, regulatory considerations, and effective strategies to ensure a psychologically safe and compliant work environment
Speakers
"Data, The Digital Economy, & Emerging Technologies" session details
A strategic approach to cross-border data protection and privacy compliance
In an era of globalized data flows and unprecedented innovation, businesses face heightened privacy risks affecting millions. Cross-border data transfers, integral to the global digital economy, present both opportunities and challenges, underscoring the need for a comprehensive approach to privacy and data protection compliance.
Join this session to explore the Proposed Privacy Act reform and its implications for Australian organizations, gaining insights into frameworks and strategies crucial for ensuring compliance in 2024 and beyond, especially for businesses operating across borders.
Speakers
Coming soon
Panel discussion
Digital transformation in Australia: navigating digital identity and data sharing
The Australian Government has passed legislation for secure, convenient, voluntary and inclusive ways to verify your identity online. The Digital ID Act 2024 will commence on December 2024. Digital identity has the potential to minimise privacy risks, build cyber resilience, and encourage productivity.
Digital ID forms part of Australia’s broader digital transformation and will strengthen our economy. The government is committed to transparent, inclusive, accessible, and responsive services for all citizens. We are rapidly shifting towards a decentralised world and as the government leads a national digital transformation roll out, public and private organisations alike will be set to benefit from these enhanced technologies.
Panellist
Fireside discussion
Insights on AI and Data Strategy with Marek
Join Phillip Malcolm for an engaging conversation with Marek Rucinski, Deputy Commissioner for Smarter Data at the Australian Taxation Office (ATO) and Chairperson of the Australian Commonwealth Data Champions Executive. This session will explore the transformative role of artificial intelligence in shaping the ATO's data strategy and the broader implications for public and private sectors.
Expect to gain valuable insights into effective data management practices, the ethical use of AI, and strategies for navigating the evolving landscape of digital governance.
Panel discussion
Cyber resilience: Strategies against AI-driven threats in the next wave of digital crime
The AI boom is fuelling cyber threats and enabling financial crime and conventional approaches to data protection will not suffice.
We've seen it hit some of the countries biggest companies and as tech gets more innovative, so do attackers.
In this session, we will unpack the latest wave of sophisticated cyber threats conceived off of the AI boom. You will gain insights in to the latest sophisticated cyber threats, including AI deep fake phishing attacks and the nexus between AI, digital currency, and digital identity in facilitating ID and credential theft, along with money laundering.
We will provide you with insight in to the latest tools strategies and AI capabilities to protect your organisation as we unpack how AML and cyber strategies can go hand in hand to defend your organisation, and your customers.
Prepare your organisation for the next wave of cyber challenges by staying ahead of the curve and understanding the symbiotic relationship between AI, cyber threats, and financial crime.
The Perfect Storm: SOCI and Cyber Security in an AI world
In an era of unprecedented technological advancement, the convergence of Security of Critical Infrastructure (SOCI), Cybersecurity, and Artificial Intelligence (AI) has created a perfect storm of challenges and risks. This presentation explores this critical intersection, highlighting the urgent need for a proactive approach to safeguard essential services and national security. The findings underscore the importance of immediate action, collaboration, and public engagement to build trust and resilience in our increasingly interconnected world.
As leaders in government and related fields, we must recognise the far-reaching implications of this convergence. We will explore strategies to navigate this complex landscape, emphasising the need for investment in research, fostering security awareness, and forging partnerships across sectors. Attending this session will give you the knowledge and tools necessary to lead your organisation through these challenges, ultimately contributing to a more secure and resilient future for critical infrastructure and the people who depend on it.
Speakers
Panel discussion
Governance excellence: managing risk with AI, emerging technology and innovation
In this session, discover the latest in regtech as we dive into best practice and compliance strategies for new and emerging technologies.
Cross-Border Integrity: Global Regulations in Finance, Corporate Crime, and Anti-Corruption
Navigating the regulatory framework for financial institutions and fund managers considering establishing operations in Australia
With its robust superannuation and investment environment, Australia is seen as an attractive destination by many offshore banks and fund managers looking to set up operations in South-East Asia. In this session, we will look at how international financial institutions can manage the local regulatory environment to minimise friction.
Panel discussion
Regional Compliance: Navigating International Sanctions, Geopolitics, and Foreign Interference
As the Asia-Pacific region contends with shifting geopolitical currents and the complexities of international sanctions, understanding these factors is vital for regional stability and business resilience. This focused session will explore the impact of global sanctions within APAC, examine geopolitical tensions, and discuss strategies to mitigate risks from foreign interference
Panel discussion
Exploring the Role of Real-Time Payments: Benefits, Challenges, and the G20 Roadmap
This session aims to provide a comprehensive understanding of real-time payments, evaluating their advantages and potential risks. It will also delve into the G20’s roadmap for faster and more secure international payments, including challenges related to scams, extortion, and the tracing and repatriation of funds.
Real-time payments have transformed financial transactions, offering immediate transfer of funds 24/7. This capability affects both domestic and international economic landscapes. However, as the adoption of real-time payments grows, so do concerns regarding their safety and the potential for financial crimes. This session will explore the multifaceted role of real-time payments within the current global financial ecosystem and discuss strategic directions outlined by the G20 for enhancing security and efficiency in cross-border payments.
Fighting financial crime in banking, e-commerce, and digital assets
As the financial landscape evolves with advancements in banking, e-commerce and digital assets, so does the complexity of financial crime. This executive session targets decision-makers and provides a strategic overview of the fight against financial crime in these dynamic sectors. With the Australian Government Department (AGD) Second Consultation into the AML/CTF Act, which proposes significant changes to international funds transfers, remittance, digital assets, as well as reforms to the responsibility and potential liability of boards, senior management and the AML/CTF compliance officer.
Panellist
Panel discussion
Corporate integrity: combating corporate crime and corruption in APAC
With a staggering 2,888 referrals in its first year, the National Anti-Corruption Commission (NACC) has highlighted the urgent call to action against corruption.
In this session, Alexandra Tighe will draw on her extensive Royal Commission and dispute resolution experience to provide key insights into the NACC's transformative role in promoting corporate integrity and the collective effort needed within the APAC region to combat corruption effectively.
Leave this session with a blueprint for integrating robust anti-corruption strategies into your organisation.
Panel discussion
Tranche 2 - Legislating AML/CTF obligations for ‘gatekeepers’
The Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog, has recommended regulation of ‘gatekeepers’, which are also known as Designated Non-Financial Businesses and Professions (DNFBP), including those in the accounting, real estate and legal sectors. This session will serve as a crucial platform for dissecting the likely regulation of these sectors as proposed by the Commonwealth Attorney-General’s Department in their recent Consultation.