Increased financial crime risk and opportunity in an adverse economic environment

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Managing increased financial crime risk and opportunity in an adverse economic environment

Amidst economic downturns and geopolitical complexities, financial professionals grapple with escalating risks of financial crime, exploring legislative developments, remote work challenges, and the interplay between sanctions, organized crime, and professional enablers to forge strategies for vigilance and collaboration in safeguarding financial integrity.

Dec 04, 2023

Igor Sumkovski, Head of Financial Crime Advisory and DMLRO, China Construction Bank Corporation London Branch

Hee Jung, Vice President, Financial Crime Advisory, Nomura

Kevin Newe, Assistant Director – IF Threats Lead, Her Majesty's Revenue and Customs

Managing increased financial crime risk and opportunity in an adverse economic environment

Financial professionals navigate heightened risks of financial crime amidst adverse economic conditions and geopolitical tensions.
Legislative and policy developments, such as the Economic Crime & Corporate Transparency Bill, are scrutinized for their impact on combating financial malfeasance.
Remote work poses challenges for new entrants to the financial crime sector, necessitating innovative approaches to experiential learning and collaboration.
The interplay between sanctions, organized crime, and professional enablers underscores the need for agility and vigilance in navigating divergent regulatory landscapes.