Financial Crime Regulation: Part 3 - Crowdfunding and Fraud - Opinion on Financial Crime Risks in the European Union

In Part 3 of this series, Sam and Marie discuss the concerns that EU AML regulators continue to have around crowdfunding platforms - both as customers of financial institutions and as businesses in their own right.  They also consider the EBA's assessment of fraud and related financial crime risks that have arisen in 2020 during the COVID pandemic - what should firms have been doing to mitigate those risks? What should regulators have been doing to keep supervising, despite lockdowns 1 -2 and now 3.  And despite requiring Business Continuity Programs, could regulators have done more to ensure that firms were "risk ready" and able to adapt to the new normal in which we're currently working? 

Om Podcasten

This podcast was inspired by the evolving Covid-19 restrictions and how it has impacted compliance professionals working in financial crime prevention. Reaching out to individuals across the globe, hosts Samantha Sheen and Marie Lundberg look at how people are adjusting to remote working from home while still keeping up efforts to detect, prevent and disrupt financial crime. The topics covered range from governance, KYC, transaction monitoring to cyber security and accountability.Taking a plain speaking approach, Marie and Sam analyse notable cases involving financial crime, epic “compliance fails” and lessons learnt along the way. And to help fellow compliance professionals keep on top of their CPD, case studies with illustrative slides are also included – a bit like story time for adults – so enjoy.