The discussion covers various topics, including the increasing prevalence of cyber threats, the significance of effective and interactive training programs to change behaviour, and the impact of forthcoming regulations, such as the ‘failure to prevent fraud offence’. Our guests also emphasise the importance of maintaining a robust AML framework, the benefits of independent reviews and conducting mock regulatory visits to assess the effectiveness of your firm’s measures to prevent and detect money laundering activities. Practical advice and tools, such as gap analysis templates provided by Avyse Partners, are discussed to help firms stay ahead of financial crime risks.
