Exposing Financial Crime

Founded by Simon Moss
Group founded 18 May 2021
Posts 36
Members 6
Group summary

Criminals are smart, and detection capabilities need to be smarter and always adapting to stay one step ahead. Time to drive out pointless investigations and finding true malignancies hidden from existing rules and machine learning techniques. Join us for conversations and articles on how to refocus financial crimes investigations into actually stopping crime.

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Steve Morgan

Fighting financial crime in 2022

A big topic for this Sibos (and most past ones too) is how to stamp out financial crime without disrupting or degrading high quality service experiences for the vast majority of honest (and very impo...

06 Oct 2022
Jason Grasso

Event Driven Know Your Customer Reviews….Yes it is Inevitable

In talking with clients about their strategy around perpetual or event based know your customer (“KYC”) risk approaches there are two different groups: firms that have started implementing an event b...

20 Sep 2022
Gian Mahil

Scammers love unattended lockers!

Like a lot of other people, I love going to the gym and having a swim and sauna afterward. Going to the gym helps me to relax for a while away from the day-to-day grind. After the gym, I may go to the...

08 Sep 2022
Jeremy Annis

How can businesses handle the EU’s new cryptocurrency regulations?

To safeguard consumers, investors, and the market itself, the EU has for the first time put forward laws for bitcoin service providers. These measures will also promote fair competition and financial ...

05 Sep 2022
Jason Lane-Sellers

The Truth About Digital Trust in Banking

The banking sector was named the most trusted overall by UK consumers in a recent study into digital trust by LexisNexis Risk Solutions. Banks got the highest share of votes (86%) from consumers when ...

01 Aug 2022
Ivan Zhiznevskiy

Fintechs and Banks: friends, not foes, when fighting financial crime

Up to $2 trillion is laundered every year according to the United Nations. Shockingly, they also estimate that banks help catch less than 1% of this crime. And, sadly, the UK ranks second in the mon...

05 Jul 2022
Rodrigo Zepeda

The Model Mandatory Disclosure Rules (‘AEOI PHASE 3’) Briefing Series: PART IV

By Rodrigo Zepeda, CEO, Storm-7 Consulting GLOBAL AND NATIONAL ESTIMATES OF TAX EVASION The most recent estimates of the cost of global tax evasion to governments around the world is nearly $500 bill...

24 Jun 2022
Rodrigo Zepeda

The Model Mandatory Disclosure Rules (‘AEOI PHASE 3’) Briefing Series: PART III

By Rodrigo Zepeda, CEO, Storm-7 Consulting INTRODUCTION The pro forma template ‘Model Mandatory Disclosure Rules for CRS Avoidance Arrangements and Opaque Offshore Structures’ (MMD Rules) were publi...

23 Jun 2022
Rodrigo Zepeda

The Model Mandatory Disclosure Rules (‘AEOI PHASE 3’) Briefing Series: PART II

By Rodrigo Zepeda, CEO, Storm-7 Consulting INTRODUCTION The ‘Model Mandatory Disclosure Rules for CRS Avoidance Arrangements and Opaque Offshore Structures’ (MMD Rules) were published by the Organis...

22 Jun 2022
Rodrigo Zepeda

The Model Mandatory Disclosure Rules (‘AEOI PHASE 3’) Briefing Series: PART I

By Rodrigo Zepeda, CEO, Storm-7 Consulting This multi-part series of blogs will introduce readers to what have been generally referred to as the ‘Model Mandatory Disclosure Rules’ (MMD Rules). Their...

21 Jun 2022
Steve Goddard

Why we should shed the stigma of being scammed

Mental health is the latest aspect of our lives that is quite rightly being destigmatised, and next on the list should be being scammed. This isn’t a problem that only faces the old and vulnerable, th...

09 May 2022
Jeremy Annis

The UK Economic Crime Bill and Russia sanctions: Advice for Banks

Following Russia’s invasion of Ukraine, the UK has been quick to join its Western allies in condemning Vladimir Putin’s regime and issuing economic sanctions. These sanctions have been swift, severe a...

28 Apr 2022

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