BAFT Financial Crime Compliance Workshop – India
August 8, 2017
Sofitel Mumbai BKC
Bandra Kurla Complex, Bandra East
Mumbai, 400051

Overview | Program | Speakers | Sponsorship Opportunities
Stacey Facter
Senior Vice President, Trade Products

Ms. Stacey Facter is a Senior Vice President, Trade Products where she has oversight of all trade-related advocacy, education and product-related initiatives for the association and its membership. She participates in BAFT trade committees and regional councils to advance the trade finance agenda of member institutions, including working toward standardizing trade definitions, documentation and regulations for industry adoption and consistent use. Ms. Facter has more than 25 years of experience in international banking, including over 20 years with JP Morgan Chase, covering emerging markets, international trade finance, cash and risk management, and securities collateral management.

KV Karthik Partner, Deloitte Forensic, Financial Advisory
Deloitte India

Mr. KV Karthik is a Partner and leads the Financial Services sector within Deloitte’s Forensic practice in India. He is also the India Financial Crime Leader in the APAC Financial Crime Network. Mr. Karthik has extensive experience in financial crime management having spent more than 18 years advising large corporates in financial services across private and public sectors that includes banks, brokerages, private equity firms as well as insurance companies. With a deep understanding of the Indian and South Asian market, Mr. Karthik has led large scale remediation and investigation projects including regulatory driven investigations for both domestic and regional financial institutions. He has done extensive work in the areas of anti-money laundering, anti-fraud advisory, counter terrorist financing, economic and trade sanctions, anti-bribery and corruption and devising new target operating models for financial institutions to respond to regulatory shifts and demands. He was also part of a team, advising the Government of India during the FATF review.

Radish Singh
Partner, Deloitte Forensic, Financial Crime Compliance

Ms. Radish Singh has 20+ years of experience in the field of financial services regulations, compliance, anti-bribery and corruption, conduct of business and financial crime (AML/ Sanctions). She currently leads Deloitte’s South East Asia Financial Crime Compliance practice. Her clientele includes major global and local Banks in Singapore.  Broadly, her experience includes regulatory, business conduct policy formulation, legislative drafting, anti-money laundering, outsourcing, implementing
anti-bribery and corruption policy, advising on data protection matters, establishing corporate governance codes, stock exchange supervision / rules and securities laws.

Ms. Singh has been actively presenting on global regulatory reform as a result of the G20 initiatives to major banks and institutions in Singapore as well as in various public forums. She has led numerous assignments on other regulatory matters including data protection. Radish has also worked on commission rates setting and review of fee charged by regulators to sustain a self-funding model. She has in her previous roles led an engagement with the Association of Banks in Singapore to revise and modernize their AML guidelines for the banking industry in Singapore. She has advised the Institute of Banking and Finance Singapore on revising their compliance and AML industry standards modules. She has also in her experience drafted corporate governance and code of ethics codes along with Board charters. Ms. Singh has gained her experience from premier organizations such as PwC, Securities Commission Malaysia, Dubai Financial Services Authority, The Royal Bank of Scotland, HSBC, Dubai International Financial Centre Authority and DIFC Investments. She was an Executive Committee member of the Dubai International Financial Centre Authority and Data Protection Commissioner for Dubai International Financial Centre (based on the EU Data Privacy law).

She has previously headed Compliance and Risk function and held a regional head role for KYC / CDD function for a major global bank. More recently Radish has been undertaking and leading numerous projects on financial crime including AML, sanctions and risk assessments for numerous global and regional banks (both investment and private banks) as well as training on conduct.

Kai Fehr photoSujit Kumar Varma
International Operations
State Bank of India

Shri Sujit Kumar Varma joined State Bank of India as a Probationary Officer in 1987 and has held various important assignments in the Bank. Mr Varma is currently in charge of the International Operations of the Bank across 198 overseas offices in 37 countries. The International operation of SBI has a balance sheet size of USD 60 billion. He is a career banker and has rich experience in almost all the functional area of banking inter alia Corporate & International Banking, Credit Administration and Branch Management, Retail Banking etc. He was the Chief Executive Officer of New York branch from 2009 to 2013, where he was credited with significantly scaling up and broad basing the Bank’s business.

Prior to his current role, Mr. Varma was the Head of Bank’s Mid Corporate Regional Office in Mumbai, where he was overseeing the credit portfolio with a business level of INR 250 billion. He was also on deputation to the Department of Financial services, Ministry of Finance, Government of India from 2004-2009.

With almost 3 decades of experience in multiple and varied challenging assignments, Mr.Varma has been able to bring in banking vision, professional expertise, strategic direction, in his role as Director on the boards of overseas subsidiaries viz Nepal SBI Bank Ltd, SBI Maurutius Ltd, Commercial Indo bank LLC, Moscow, SBI Canada Bank, Canada & President Commissioner, Bank SBI Indonesia PT.