Trade Conferences International welcomes this year’s sponsors of the Anti-Money Laundering & Financial Crime Southern Africa Conference.

Sponsors include LexisNexis Risk Solutions (Gold), FICO/Bateleur (Bronze), Navigate Compliance (session sponsor) and LexisNexis South Africa (exhibitor). Both FICO/Bateleur Software LexisNexis Risk Solutions are retuning for the fifth time as medal sponsors.

LexisNexis Risk Solutions is this years’ gold sponsor. The company provides data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government.

FICO is a leading global provider of integrated IT solutions for governance, risk & compliance (GRC). Based on the Siron® product family, FICO develops and implements standardized and individual solutions against financial and white-collar crime and for risk management and monitoring, analysis, and reporting.

Bateleur Software, who is a bronze sponsor, is a leader in the South African high-end software technology arena and as a Fico certified sales and implementation partner, Bateleur Software successfully implemented and support the Siron solution at various banks, insurance companies, asset manager and a government organisation in Southern Africa.

Navigate is a South African based regulatory advisory and training firm with representative offices across Southern Africa. The company are the official training partner for the International Compliance Association which is the leading professional body for compliance specialists globally.

For over 85 years LexisNexis® South Africa has been at the forefront of legal content and technology. Today, the company provides the most trusted and credible legal and regulatory content and intelligent, digital platforms.

Ryno van Ellewee, MD at TCI, said the participation of sponsors at this conference underlines the importance of the event for AML and financial crime professionals. “Sponsoring allow sponsors to meet nearly 200 attendees at the event, which will be held on 1 & 2 September 2021 at the Indaba Hotel in Fourways. It is both physical and on-line. 

“Sponsorship provides participating companies a platform to be able to increase brand awareness, attain sales leads and get exposure amongst the targeted audience.“ It also allows several networking opportunities with high profile delegates and speakers”, said Ryno.

Keeping abreast of technology changes affecting the banking landscape is tough. From AI and machine learning to mobile, fintechs, digital, data, cloud and many more, new developments are happening all the time.One option in making things a little bit easier to understand is to attend TCI’s upcoming BankTech Southern Africa 2020 Conference.

The BankTech 2020 conference is the only event in SA which will address the pitfalls of legacy systems and empower attendees with the right set of insights to negotiate dealing with and improving legacy systems without impacting on operations.

This event is taking place on 26 & 27 February 2020 at the Indaba Hotel, Fourways, Johannesburg will feature close to 30 top speakers, eight sessions and a panel discussion. Attending this event will provide the ideal platform to attendees to get the latest news regarding technology developments – both locally and international.

Here are a few topics to be addresses at this event:

• Digital implementation within finance
• Why technology adoption is mandatory
• Disruption of fintechs in the financial industry
• Using behavioural economics to increase the uptake of digital banking platforms
• Fostering business growth through open banking
• How artificial intelligence will benefit financial services
• Exploiting traditional information technology frameworks in governing new technologies
• Addressing regulatory challenges through technology
• Automating fraud detection and prevention
• Embracing cloud in emerging financial services
• Deployment of traditional payment solutions in the cloud
• Big data, analytics and technology
• Data governance implications of moving to the cloud

With more than 100 banking conferences held, Trade Conferences International has for the past 10 years become the leading banking conference organiser in South Africa. With signature events such as Mobile Banking, Payments Southern Africa, Transaction Banking, AML & Financial Crime and Big Data and Analytics in Banking, TCI became a trusted conference organiser for the financial industry.

Normal registration fee: R9 500 + VAT = R10 925 p.p 

10% group registrations (3 or more): R8 550 + VAT = R9 832.50

15% group registration (5 or more): R8 075 + VAT = R9 286.25

To register as a delegate e-mail Project Manager Bandile Ngobese on This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it. .
Sponsorship and exhibition opportunities e-mail: Ryno van Ellewee on This email address is being protected from spambots. You need JavaScript enabled to view it. / This email address is being protected from spambots. You need JavaScript enabled to view it. or call 011 803-1553/0009.

POPIA was signed into law in 2013. GDPR was adopted in 2016. GDPR came into effect in 2018 and POPIA hasn’t come into force yet. EU regulation concerns every company which has at least one employee or one client who is a European citizen, while POPIA is to be complied by any responsible party domiciled in South Africa or any responsible party who uses automated or non-automated means within South Africa. GDPR covers all the EU members wherever they reside, and POPIA concerns those within the jurisdiction of South Africa only. The requirement seems to articulate clearly the limits of compliance for regional businesses making nearly each South African company subject to both sets of regulations.

POPIA makes you accountable for legal processing of personal information in accordance with the purpose. The request for user details shouldn’t exceed the needed amount or be kept more than it is necessary. Collected information is to be relevant and regularly updated. A person whose data is stored should be aware of what details are selected, why and by whom an enquiry was made.

A company which processes customer data is required to ensure that proper measures are taken to protect confidential details. A data subject can manage personal information which is used by a responsible party, remove excessive details and correct misleading facts. A person can ask for a record confirming that particular details are kept by an organisation.

POPIA has a dedicated rule set for direct marketing and automated assessment process involving data subjects.

The scope of POPIA comprises not only confidential details of individuals but also data of legal persons protecting corporate entities from information misuse.

GDPR shapes similar standards which should administer personal data usage but comprises some ideas which are not as clear in the POPI Act. Even if South African businesses comply with POPIA successfully they will need to observe GDPR requirements focusing particularly on EU rules the conditions of which seem to be more articulate. Under the GDPR a company is to provide:

• Privacy by design and by default approach. An organisation is to implement safety techniques during the time a decision is being taken on the ways the information is going to be processed and during the usage
• Data readability. Requested data should get structured and transparently arranged by an organisation
• Multi-step access. Users are given the possibility to erase their personal data and learn about the safety measures which are taken in case the details are transmitted to a different country
• Consent. Agreement comes after a comprehensible list of conditions
• Data protection impact assessment. DPIA should be conducted in order to mitigate data protection risk

While breaches under GDPR should be reported within 72 hours POPIA doesn’t emphasise the time limit and requires organisations to announce a data leak as soon as possible.

To ensure that your business has no compliance breaches an appropriate management framework should be integrated. It is important to have accurate mechanisms in place which would evaluate the relevance of introduced policies and keep your system updated. Comprehensive approach to regulatory compliance allows you to assess whether your business processes are conducted in accordance with the recent legal acts. Thorough monitoring lets you see if there are any configuration changes and policy violation.

Many companies lack time and competence which are needed to adapt their corporate rules. Some organisations have never had any internal regulations to conform to and now they are going to face loads of data which demands to be discovered, analysed and rearranged. Software makes essential processes automated and ensures that your company functions in obedience to compliance requirements.

It is crucial to preset rigorous control over the data which is transmitted outside the corporate perimeter. If information is to be processed in a different country which has its own local regulator there are a few key points that should be observed:

1. The transfer of user details should be transparent.
2. A data subject has the right to:

• Demand solid data security abroad
• Review and correct the details if needed
• Make sure that the time during which the information is stored is limited
• Check and reduce if necessary the number of purposes the data can be used for

GDPR doesn’t go against local regulations, it just adds to the list of regional do’s and don’ts in case it lacks relevant points.

Intelligent risk management program comprises efficient tools to prevent your company from fines and penalties. Nevertheless, GDPR remains an intriguing issue for any non-EU country since the process of punishment mechanism still presents some misconceptions about how it should be implemented in countries all over the world. A number of questions might arise when European citizens get their data misused by a foreign organisation. That is what makes compliance an intricate problem demanding even more attention. Automated management systems are installed to save your time and effort.