On November 17, the 13th China Anti-Money Laundering Summit Forum 2023 and the 3rd Lujiazui National Financial Security Summit, jointly organized by the Lujiazui Financial Security Research Institute and the China Anti-Money Laundering Research Center of Fudan University, and co-organized by RIKING, were held in Shanghai. RIKING Chairman and CEO Zhang Jilin, Deputy General Manager Zhou Wei and a group of senior executives attended the meeting to discuss the topic of financial security and the operability of anti-money laundering work with experts from regulators, financial circles and academia engaged in anti-money laundering and financial security practice and research.
The theme of this event is "Take precautions, strictly supervise, strengthen the foundation, and ensure safety". Wang Jing, deputy director of the Anti-Money Laundering Bureau of the People's Bank of China, said in her speech that it is necessary to give full play to the positive role and functional advantages of anti-money laundering work in strengthening supervision, preventing risks and promoting development, so as to provide a reliable guarantee for safeguarding national security and financial security. The forum focused on the relationship between anti-money laundering and financial security, national security, social security, and the new social defense theory, as well as the "impossible triangle" between data security and anti-money laundering, anti-proliferation financing, and virtual asset money laundering risks and governance countermeasures.
At the meeting, Zhou Wei, Deputy General Manager of RIKING, delivered a keynote speech on "Anti-Money Laundering Data Governance from a Broad Perspective: Taking into Account the Dual Objectives of "Quality" and "Utility". It was explained in simple terms from three aspects: anti-money laundering data governance background, anti-money laundering data governance scheme, practical case sharing, and anti-money laundering data governance trends and prospects.
Relying on strong financial technology strength and years of expert experience in the field of anti-money laundering, RIKING has developed a new generation of anti-money laundering risk management and control platform by deeply integrating advanced technologies such as AI artificial intelligence Xi, graph database, and big data. The platform achieves full coverage of anti-money laundering workflows and helps financial institutions better identify and prevent money laundering risks.
In the future, RIKING will continue to unswervingly implement the overall national security concept, improve the level of regulatory technology, and take "technology empowers supervision, builds a solid bottom line for risk control, improves regulatory efficiency, and reduces compliance costs" as its corporate mission, helping financial institutions improve their anti-money laundering compliance and risk management capabilities, and empowering the high-quality development of the financial industry.
