Automating Anti-Money Laundering Compliance: Technical Opportunities and Legal Challenges

The "Automating Anti-Money Laundering Compliance: Technical Opportunities and Legal Challenges" conference was a single-day event organized by the Faculty of Law, Economics and Finance at the University of Luxembourg. This conference brought together experts and scholars to discuss the integration of technology in anti-money laundering (AML) compliance and the associated legal implications.

Key topics included the use of artificial intelligence in AML systems, data sharing among entities for AML purposes, and the legal challenges surrounding access to personal data in AML contexts. Notably, Prof. Eleni Kosta delivered a keynote speech addressing personal data access issues within AML, highlighting the case of access to AML registers. Additionally, Dr. Magda Brewczyńska analyzed data sharing between actors for the use of AI in AML systems.

The event featured a series of presentations and discussions aimed at fostering collaboration between legal and technical experts. Attendees had opportunities to engage with speakers and participate in networking sessions designed to encourage further cooperation in the field of AML compliance.

This conference was particularly relevant for legal professionals, compliance officers, technologists, and academics interested in the intersection of law and technology in combating financial crimes. Participants gained valuable insights into the latest developments and challenges in automating AML compliance processes.