Welcome to the ALB Hong Kong Regulatory Summit 2025

   DATE              Wednesday, 19 March 2025

   TIME                09.00am to 6.00pm 

    VENUE            Hong Kong - Hotel is TBC

Event Overview

The ALB Hong Kong Regulatory Summit returns for 2025 following the success of last year’s inaugural event!

Amid rapid economic digitisation and new technologies rapidly evolving, financial crime is becoming more sophisticated, posing an ever-growing threat as the damage goes well beyond the financial aspect. Global financial crimes in 2023 led to staggering estimated losses ranging from US$1.6 trillion to US$3.1 trillion, and the United Nations Office on Drugs and Crime further estimates that 2-5% of global GDP—equivalent to up to US$2 trillion—is laundered annually. Hong Kong is not immune to this challenge. Recent statistics from the Hong Kong Police Force revealed over 19,000 cases of deception within just the first half of 2024, equating to 44% of the region’s total crime and resulting in a staggering HK$4.48 billion loss.

The rise of financial crime has highlighted the need for advanced, proactive compliance solutions, and AI is at the forefront of this transformation. The future of anti-money laundering compliance will be fundamentally shaped by AI as financial institutions increasingly turn to AI-driven tools to enhance detection, prevention, and response capabilities. By adopting AI-powered solutions, financial institutions can go beyond traditional measures of crime prevention, leveraging AI for increased efficiency, scalability, and adaptability to the shifting regulatory landscape. Those that lag behind will risk losing their competitive edge in an industry that is rapidly moving toward technological dependence to combat financial crime effectively. With financial crime continually evolving, what can we expect in 2025, and how should we prepare?

Against the backdrop of geopolitical tensions in the Middle East, Ukraine, and the US-China relationship, this summit offers a timely platform for key industry players to navigate evolving regulatory expectations, discuss emerging compliance challenges, and share strategies to foster a robust culture of compliance. Topics covered will range from risk-based monitoring approaches that prioritise oversight in high-risk areas to the integration of AI in regulatory practices, aimed at enhancing efficiency in combating financial crime, money laundering, and terrorism financing.

Please contact our sponsorship team, Amantha (amantha.chia@thomsonreuters.com) for further information on how to participate in the event.