Banking in the shadows

Banking in the shadows

Fincrime's 'nightmare' before Christmas

Angela Wakelin, chief operating officer and Raphaelina Arthur, head of financial crime and MLRO at fast growing fintech, Kroo Bank, talk money muling, and other financial scams in the run-up to Christmas and whether digital challenger banks have got the balance right between using people, automated systems and AI to combat fraud.

Living better financial lives: Teaching kids and teenagers about financial crime and fraud

Louise Hill, CEO and co-founder of app GoHenry, talks to Anita Hawser about the role financial education and literacy, from an early age, can play in helping kids and teenagers not only live better financial lives, but avoid becoming money mules, or victims of financial crime and fraud.

A house of cards: the PEPs regime and fraud markers

Are banks overzealously loading fraud markers against individuals and businesses, and misinterpreting the Politically Exposed Persons Regime, to avoid hefty fines and being wrapped over the knuckles by regulators? And who ultimately pays the price?

Guest: Jeremy Asher, senior consultancy regulatory solicitor, Setfords. 

What does compliance look like inside a multilateral development bank?

The EBRD’s chief compliance officer, John Mair, gives us a rare glimpse into how compliance works within a development bank which invests in economies across three continents. He describes his team as the bank’s “spiritual leaders that oversee integrity, reputation risk, and conscience”, and says in order to ensure it makes the best possible recommendations to management, it is important to assume that your decision could be wrong. Confused? Listen to find out more.

Getting to grips with the Russian sanctions

We’re more than a year into the war in Ukraine, the EU is on its 10th sanctions package, and the US Treasury Department has imposed more than 2700 sanctions against Russia, more than any country. But are the sanctions working, and what headaches are they causing for banks’ financial crime compliance teams?

Guest: Vincent Heintz, regional head of financial crime compliance for Europe and the Americas, Standard Chartered Bank.

Mobilising finance against human trafficking

Our first episode focuses on the growing global problem of human trafficking or modern slavery, which the Association of Certified Anti-Money Laundering Specialists’ CEO Scott Liles describes as one of the biggest crises of our time. Women and children are being trafficked in growing numbers globally.

But what role can financial services play in the identification of suspicious activity linked with human trafficking, and helping victims of trafficking get back on their feet again by providing them with access to financial services?

Our guests are: 

  • Craig Timm, US Head of AML at the Association of Certified Anti-Money Laundering Specialists (ACAMS)
  • Caryn Leong, Regional AML Director for APAC at ACAMS

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