Trends: Regulatory and Law Enforcement in North America and HK

Samuel Lung FCPA (Aust.) is currently a partner of EY, leading the Greater China financial crime compliance consulting practice. He held senior management roles in different financial institutions including the chief operating officer and deputy chief executive of a European bank, head of compliance of a Chinese state-owned bank and head of AML and MLRO of a Swiss private bank.

Wong Wai Kong is the founder of Earth Channel Limited (Regtech Startup) and Filix Medtech Limited (Medtech Startup) which are both based on Enterprise Blockchain (DLT) technology. He was the SVP & Team Head of ICBS (Team III) in the Information Systems Division of China Construction Bank (Asia). He managed many bank-wide, large-scale project implementations like trade finance, treasury settlement, investment product systems and AML name screening system.

Lester Ip has over 10 years of experience in the Hong Kong Police Force dedicated to criminal investigation, cybercrime intelligence and cybersecurity-related policing. Lester led his team to develop the capability in cryptocurrency fund flow analysis and investigation since 2016. Lester holds a Master of Computer Science. Before joining the law enforcement, Lester was an IT auditor in a Big Four accounting firm. His research interests include cryptocurrency and the DarkNet.

Currently a Compliance and AML advisor for asset tokenization projects in a global law firm. He previously managed the AML function for one of the top virtual assets exchanges and was Head of Compliance for another Virtual Assets OTC trading platform in HK and SG. Prior to entering the virtual assets industry, he has extensive AML experience across the region with one of the US Multinational Banks in Hong Kong.

Michael Fasanello has a career spanning public and private sectors beginning with the United States Departments of Justice and the Treasury, US Department of Treasury and moving on to First National Bank, and PNC Bank. Michael served in various roles in the US Justice and Treasury Departments. During his work with FinCEN, he advised the Office of Regulatory Policy in developing and interpreting federal regulations under the Bank Secrecy Act (BSA). Before that, he handled Global Economic Sanctions and embargo cases for the Treasury's Office of Foreign Assets Control (OFAC). At PNC, Michael was an Assistant Vice President and Manager of Anti-Money Laundering and Global Sanctions. With First National, he oversaw a complete overhaul of the bank’s Sanctions program, from policy development to screening and adjudication. Michael is an experienced compliance professional with over a decade of experience in the public and private sectors. He specializes in Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), global sanctions, and illicit finance matters, with a focus on the digital assets and blockchain intelligence space.