The financial services industry is getting only part of the risk management and anti-money laundering point. And modern business models in banking and insurance militate against effective know-your- customer procedures says Nigel Morris-Cotterill .

World-wide, regulators are including in the requirements they place on affected businesses demands that they build a profile of their customers.

This “know your customer” approach is vital in the attempts to detect and deter money laundering and terrorist financing.

The invasion of Ukraine has raised some serious questions about the Russian arms trade and the imposition of sanctions is only a part of the issue.

It amazes me how many people still talk about "cybercrime" and get excited like a dog with a new bone. Here, I debunk the common way of thinking because I like things to be very, very clear and misleading terms mitigate against that. In addition there's news about Clarity and in-house face to face training for law enforcement, judges and regulators.

Bad News carries fast and when it's false it can have serious adverse consequences.

Two instances in Malaysia have created object lessons in how reliance on external data can be catestrophic.

Failure to Prevent" laws are not new and nor is the concept behind them. But they are increasingly important for Financial Crime Risk and Compliance Officers and Internal Auditors.

To explain the concepts in the "Failure to Prevent" series of Financial Crime Fora, Nigel Morris-Cotterill will present a one-hour talk on Tuesday 25th April, 2023.