Mélanie Dagenais, CAMS, FIS, our Director of Financial Crimes Compliance, had the opportunity to attend the Toronto Compliance & AML Conference 2025. It was an event full of valuable insights and thought-provoking discussions.
✨ Some key takeaways:
▪️ The Wolf of Wall Street case, from Gregory Coleman, a former FBI Special Agent, being at the center of it, reminded us how we used to do our job before technology transformed the field. His story is one everyone in compliance should know.
▪️ Finance Canada emphasized the upcoming 2025 National Risk Assessment, which will continue to evolve and should serve as the foundation for inherent risk assessments across the industry.
▪️ Beneficial Ownership reporting debate sparked concerns and raised questions like: Should the Canadian government take a more active role instead of shifting the burden to the financial sector?
▪️ Information sharing remains a challenge. Will we see a single government-led platform, or will fragmented industry-built solutions continue to operate in silos?
▪️ And of course, AI was front and center in the Fintech landscape. While most recognize the benefits of leveraging technology for AML and Compliance, adoption is still limited, a gap that presents both challenges and opportunities.
It’s always inspiring to hear from leaders across the industry and reflect on how these issues shape the future of compliance and financial crime prevention. At Cavallo Technologies, #Data and #AI are at the core of what we do, and it’s clear they will play a pivotal role in helping organizations navigate evolving risks, improve compliance, and build stronger safeguards for the future.
