The De-risking Dilemma and Other Compliance Conundrums
- When: 10 November 2015
- Time: 12:00 PM – 1:00 PM GMT | 7:00 AM – 8:00 AM ET
- Level: All
Is the 4th EU AML Directive conducive to a risk-based approach, or overly prescriptive?
AML regulatory frameworks worldwide create many challenges for compliance professionals that can lead to banks and financial institutions adopting a reactive approach to compliance, rather than a proactive approach to combating financial crime.
This is evidenced in the forthcoming Future Financial Crime Report, produced by LexisNexis Risk Solutions for the British Bankers’ Association. The initial findings of this report will be discussed in this webinar.
- Outlining what banks consider the most concerning future financial crime risks and considering how can they address them
- Reviewing wholesale de-risking as a viable compliance measure
- Detailing how institutions can re-risk prudently in response to the new opportunities presented by a changing sanctions landscape
- Financial Crime Director
- British Bankers’ Association
Matt oversees the BBA’s work on Financial Crime, with particular focus on anti-money laundering, counter fraud and cyber risk management. Matt previously spent 10 years with the Civil Service dealing with crime policy across a range of Departments and representing the UK in a number of EU and international forums.
- Director, Global AML
- LexisNexis Risk Solutions
Mr. Correia has developed sanctions and financial crime compliance solutions since 2001, primarily for the financial services sector. He has worked with clients in over 30 countries and is a regular speaker at industry events such as ACAMS.