Euronews Business looks at LexisNexis Risk’s assessment of the top trends for financial crime compliance that are likely to emerge this year Financial crime compliance has become all the more important amid geopolitical upheaval caused by the ongoing Russia-Ukraine and Israel-Hamas conflicts. This ha...
One of the most common reasons for a company becoming implicated in alleged financial crime is its exposure to the activities of its third parties and suppliers. In this blog, we look at the trends in financial crime that your firm should be aware of. We then suggest how companies can...
Regulatory action in response to financial crime is on the rise and it is critically important for organisations to understand the key focus areas of authorities and ways to minimise the risks. In this alert, we discuss the current trends in financial crime compliance and enforcemen...
News, intelligence and resources on the global fintech industry including topics such as financial crime & fraud.
The latest global trends, risks and developments in regulatory, investigations and financial crime View our latest insights globally or click on a specific geography for local insights. Americas Asia Australia Europe International Middle East United Kingdom ...
Our Anti-Financial Crime Academy provides a bespoke training curriculum to ensure we’re continuously upskilling and developing colleagues in line with the latest Financial Crime threats and trends. We’re looking for people who can shape, influence, and transform the bank’s capabilities to ensure ...
The relevance of identifying the latest trends in financial crime lies in the fact that the study of financial crime trends will allow the improving of the awareness of financial fraud, creating common databases, building coalitions, and identifying effective and efficient ways to...
trends create strong emotions, and it is difficult for governments to balance the need to stay in power vs. the need to bolster the economy, which only happens with more trade. Financial Crime fighters suffer because of this, both in the private and public sector because we need to rival ...
Financial crime- The FCA has focussed considerable resource on financial crime and tackling it is a major priority. Since April 2023, the FCA has charged 21 people with financial crime offences which is the highest number of charges it has made in a single year. It secured 9 ...
Synthetic identity fraud, the fastest-growing financial crime in the United States, involves creating new identities with stolen or fabricated data.11The financial sector, already a prime target for such frauds, reported a 700% increase in deepfake incidents in 2023 alone.12Advances in generative AI...