The Association of Certified Anti-Money Laundering Specialists (ACAMS) has held a two-day anti-financial crime training and networking event in Hong Kong.
Attendees were given expert guidance and practical insights, addressing how the region’s anti-money laundering professionals can prepare for the latest regulations while meeting compliance expectations.
The event covered a range of topics, from complex sanctions that can leave financial institutions grappling with conflicts of law, to technological developments, including AI, that yield new opportunities and challenges.
Chief Executive of ACAMS, Neil Sternthal said the meeting offered invaluable anti-financial crime insights essential for compliance professionals grappling with growing regulatory requirements and emerging illicit-finance threats.
“However, in addition to highlighting the most significant threats and revealing best practices and pathways to capacity-building, the event facilitated meaningful conversations and networking opportunities." Mr Sternthal (pictured) said.
He said with more than 100,000 members across 180 jurisdictions, ACAMS was committed to the mission of ending financial crime through the provision of anti-money laundering/counter-terrorism financing and sanctions knowledge-sharing.
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Robot welds its magic in Sydney
Novarc Technologies Inc. has demonstrated its Spool Welding Robot (SWR) during the recent Australian Manufacturing Week in Sydney.
Novarc’s welding automation technology has revolutionised manufacturing processes and is a productivity game-changer for pipe fabrication shops serving sectors such as the oil and gas, mining, construction, and shipbuilding industries.
The SWR uses a floating long-reach manipulator, with a three-axis robotic arm at the end, designed specifically for pipe, small pressure vessel, and other types of roll welding, and is capable of welding flanges, tees, elbows, and reducers.
Chief Executive of Canadian-based Novarc, Soroush Karimzadeh said the SWR was helping fabricators and engineering companies across Australia, helping to address the shortage of skilled human welders.
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New partners to promote coal power phase-out
Sustainability Economics, a Singapore-based provider of global net-zero solutions, has chosen the Asia Carbon Institute (ACI) as a partner for evaluating its procedures to expedite the phase-out of coal-fired power plants in the Asian region.
Chief Executive of Sustainability Economics, Kasu Venkata Reddy said ACI was an independent non-profit organisation dedicated to establishing voluntary carbon credit standards and a registry.
“With Sustainability Economics as a leading global provider of end-to-end net-zero solutions across multiple sectors, our joint expertise is a blend of extensive domain knowledge with state-of-the-art digital platforms and advanced technologies,” Mr Reddy said.
"We are thrilled to partner with Asia Carbon Institute in our shared mission to accelerate the transition towards clean energy sources in Asia.”
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Fluence reports progress on energy storage
Fluence Energy, Inc., a global provider of energy storage products and services, and optimisation software for renewables and storage, has issued its annual Sustainability Report.
“The speed at which we are moving towards our sustainability commitments is a testament to the dedication of our employees, and partnerships with our suppliers and customers,” Mr Nebreda said.
“By increasing our disclosures, we continue to foster trust, drive accountability, and provide our stakeholders with a transparent insight into our sustainability journey.”
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Bumblebee X a better guide for factory robots
Teledyne FLIR IIS says its Bumblebee X series, an advanced stereo vision product for guiding robots in factories and warehouses, is now operational.
General Manager, Sadiq Panjwani said the Bumblebee X tackled complex depth-sensing challenges with ease across a large range of distances.
“Its low latency makes it ideal for real-time applications such as autonomous mobile robots, automated guided vehicles, pick and place, bin picking, and palletisation,” Mr Panjwani said.
Teledyne FLIR IIS provides innovative sensing solutions through machine vision, spherical imaging, and stereo-imaging technologies, serving industrial, medical, geospatial, and advanced robotics markets.
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Partnership a boost for global law enforcement
Generative AI company, Trellis Data has announced a partnership with CCL Solutions Group, Europe’s largest digital forensics provider.
The collaboration will integrate Trellis Data’s AI-powered solutions with CCL's powerful existing platform, offering intelligence officers a toolkit of AI-enhanced digital forensics capabilities to deliver faster evidence-gathering and analysis.
Chief Executive of CCL Solutions Group, Noel McMenamin said the partnership would involve the provision of innovative and secure solutions, designed for law enforcement Agencies and organisations with investigative, security and privacy needs.
His opposite number at Trellis Data, Michael Gately said CCL would now have access to Trellis’ new Secure Chat application, enabling intelligence officers to make queries and draw connections from across numerous streams of information, providing unparalleled oversight of surveillance data.
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