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The Economic Crime Congress ’21 will once again bring together senior figures from across the landscape, to discuss the most pressing and topical issues affecting anti-money laundering, financial sanctions, fraud prevention, and anti-bribery and corruption.
Your ticket will give you access to all content at the Economic Crime Congress.
Opening Address from the Home Secretary
The Rt Hon Priti Patel MP isn’t the first Home Secretary to open the Economic Crime Congress, but she is the first to do so virtually UK Finance is delighted to share this exclusive government overview of the changing criminal landscape for ECC21 delegates.
Fraud Ecosystem Delivery: Collective Ownership & Driving Delivery
Fraudsters are joined-up, why aren’t we? With the joined-up approach seen by organised criminals this session will bring together senior representatives from the financial industry, law enforcement and other sectors to discuss how we respond to organised criminality and move forwards together to address the fraud pandemic collectively.
Speakers: Ryan Adams, Simon Armstrong
Are we doing enough - what more could the industry do to tackle economic crime?
Much has been said about the role of other sectors, regulators and government in reducing economic crime in the UK. But is the banking industry truly doing all it can to tackle the issues? This panel session will bring together senior players from industry and elsewhere to take a long hard look at what more could be done, both strategically and tactically.
Shipping and Maritime Sanctions
Top speaker: Nicola Baker
Tackling Online Fraud - a Collaborative Approach
Online fraud is a major challenge in the UK and one that has increased during the Covid-19 pandemic. Patterns of fraud are complex, spanning multiple sectors, from tech, to telecoms, to banking, and they require a strong law enforcement response. The Online Fraud Steering Group is a new initiative set up to focus on collaborative work between the banking sector, online platforms and law enforcement. This panel brings together the co-chairs of the group, senior leaders from UK Finance, techUK and the National Economic Crime Centre, to discuss how this initiative will combat online fraud and contribute to making the UK the least attractive place for scammers.
Speakers: Graham Barrow
Finding the Truth Behind the Scam: How to build a next-gen APP solution
This interactive session will take place online at 1pm BST. Register for free
“All truths are easy to understand once they are discovered, the point is to discover them” – Galileo Galilei may not have been referring to the sphere of fraud and financial crime, but his concept of finding ‘truth’ is applicable to those charged with fighting and preventing fraud today – a role made all the more harder with the current scam endemic plaguing the UK digital economy.
Scams are notoriously difficult to detect, as they trick the victim into being complicit in the fraud. Traditional fraud intelligence – device, location, email – will do little in the fight to detect and prevent scams, as the payment to the fraudster often comes from the victims genuine, trusted device. It’s no longer the challenge of differentiating a trusted user from a potential fraudster, but protecting the trusted user from themselves.
So how are businesses outwitting the fraudsters and protecting their customers and organisations against scams?
Join this session to learn how to build an effective scams solution fit for today’s digital economy, as well as understand:
Register for free arrow-ui
A New Approach to Addressing Financial Crime
Steve Elliott, Managing Director at LexisNexis Risk Solutions, shares his thoughts on a new approach to the identification and prevention of financial crime in the modern, post-pandemic world. In this keynote session, he explores why this one of the biggest challenges for our generation and how the current approach could be so much stronger, taking advantage of big data to identify and investigate fraud, using the power of AI and Machine Learning to command resource and more effectively informing our regulations and the outcomes.
Economic Crime Plan: Stocktake - Industry Vision v Reality
Over two years into the delivery of the Economic Crime Plan, where are we against the initial ambition. What has gone well? Where have we struggled? What have we learnt from Covid? And what do we need to do now? This panel session will bring together strategic thinkers and senior leaders from across the public and private sector who have key roles in tackling economic crime will have an honest conversation over where we have got to, and what the year ahead looks like.
Speakers: Graeme Biggar
Who holds the intelligence - and what do we do with it?
What does Information and Intelligence mean for economic crime and financial services in the 21st Century? Join the panel of industry experts as they explore the importance of information sharing across the industry and how it could work with the broader ecosystem to reduce harm and improve commercial opportunities.
Speakers: Karen Baxter
Continuing Professional Development
Banking Cryptoassets - managing financial crime risk for an innovative industry
Throughout 2021, cryptoassets have continued to hit the headlines. Many reports have not been kind to this nascent asset class, as governments, regulators and financial institutions grapple with identifying the appropriate balance to be struck between money laundering and terrorist financing (ML/TF) risk management on the one hand, and customer service and financial inclusion on the other.
Senior industry experts will help to demystify the world of cryptoassets and reflect on the joint UK Finance and Plenitude report which addresses the spectrum of financial crime risk exposure presented by these assets, and how and why the financial and cryptoasset sectors can and should work together to nurture this innovative industry.
Don’t miss this chance to hear the panellists offer a candid assessment of the strengths and weaknesses in managing a growing industry through embedded control frameworks and screening tools, and on whether all cryptoasset activity (including privacy coins) present the same degree of risk exposure.
Key Objectives & Learning Outcomes:
Policing Economic Crime in the UK: Past, Present and Future
Commissioner Ian Dyson is retiring from the City of London Police at the end of this year, having been in the role since the beginning of 2016. Given the City of London’s position as Lead Force for Fraud in the UK, the Commissioner’s role is arguably one of the most influential in policing economic crime in the UK. Commissioner Dyson will reflect on how he has been able to use that position as a force for good in addressing the fraud and financial crime problem, how policing has had to adapt to keep up with criminals who are constantly changing the rules of the game, and his vision for the future.
Public Private Partnerships
In this fireside chat Agathe will be joined by Ian Bolton to discuss the public-private partnership in the sanctions field and possible avenues for improvement.
Speakers: Ryan Adams
13:00 - Public & private collaboration – the future of financial crime management
The value of enhancing private data with third party data has long been recognised within the industry. The real opportunity for the financial industry could lie in developing an approach to data sharing with bodies such as Law Enforcement Agencies within a restricted and regulated framework.
If the technology is available to facilitate this collaboration, then what else needs to happen to allow financial institutions access to data such as that held by Action Fraud?
Chris Lewis, Head of Solutions and Karen Baxter, Managing Director, Economic Crime Intelligence Strategy discuss the incredible possibilities that this presents for the industry and the framework for intelligence sharing that would need to underpin it.
Director, Operations & Delivery, UK Finance
As Director for Operations and Delivery in Economic Crime (EC), Nicola is responsible for EC’s operating units, and for coordinating the delivery of t...
As Director for Operations and Delivery in Economic Crime (EC), Nicola is responsible for EC’s operating units, and for coordinating the delivery of the industry’s strategic priorities as specified by the Product and Service Board. The operating units comprise EC’s Information & Intelligence Unit, and the Dedicated Card and Payment Crime Unit (DCPCU), a unique proactive police unit with national remit, formed as a partnership between UK Finance, the City of London Police and the Metropolitan Police together with the Home Office. Nicola is responsible for the strategic development of both units and as well as developing and maintaining a rolling three-year strategy for the EC team. Nicola also coordinates the annual strategic planning process for the PSB, ensuring that the industry’s strategic objectives are translated into priorities and work plans for the year ahead.
Nicola joined UK Finance in September 2018 from BlackRock, where she put in place BlackRock’s Brexit Strategy. Prior to BlackRock, Nicola spent thirteen years at RBS in various roles in Strategy, mergers & acquisitions, corporate restructuring, Recovery & Resolution Planning, and managing large complex projects. Prior to RBS, Nicola worked for GE Capital on three continents: first in the UK as part of the M&A team, then moving to Argentina to set up GE Capital’s South American private equity business for three years, and finally moving to the USA to drive restructuring and workout in the private equity business. Nicola started her career as a strategy consultant, delivering international Board-level assignments across Europe, the US and Japan, including spending three years living in Brussels.
Nicola has a BA and MA (Hons) in Modern Languages from the University of Oxford, an MBA from INSEAD, and participated in the Women Transforming Leadership Programme at the Said Business School in Oxford.
Head of Financial Crime Intelligence, Aviva Group
Ryan and his team are responsible for managing and utilising financial crime intelligence across the Aviva Group, with law enforcement and the financi...
Ryan and his team are responsible for managing and utilising financial crime intelligence across the Aviva Group, with law enforcement and the financial services sector.
Ryan has held various positions across the Aviva Group since he joined in 1990. In the last 20 years he has specialised in financial crime and has held intelligence, investigation and audit roles that has involved him working in the UK, Europe, Asia and North America. He is currently the Co-Chair of the Public Private Threat Group (Fraud).
Ryan holds a Master’s Degree in Fraud Management.
Head of Sanctions Escalations and Alerts Advisory, Barclays
I started in Sanctions in 2008 in the Corporate Sanctions Team working on Customer Alerts and Reviews and answering queries from the Business. In 2011...
I started in Sanctions in 2008 in the Corporate Sanctions Team working on Customer Alerts and Reviews and answering queries from the Business. In 2011, I moved into the Group Sanctions Team, providing sanctions advice to Business aligned sanctions teams across the globe, managing breaches, regulatory disclosures and exceptions to Policy. After a filling a variety of different roles in that team, in January last year, I moved into a new role combining management of that central team (Sanctions Escalations) and the Alerts Advisory team who review and decision payment and customer alerts.
Director, The Dark Money Files
Graham advises a wide variety of regulated organisations globally as well as UK regulatory and law enforcement bodies. He is also currently working w...
Graham advises a wide variety of regulated organisations globally as well as UK regulatory and law enforcement bodies.
He is also currently working with several Regulatory Technology (RegTech) start-ups, to help design new tools for automating elements of financial crime controls and alerts to make them more effective, efficient and economical for use within the regulated industries.
He works with a variety of NGOs (Transparency International, Global Witness, Tax Justice Network) and Open Data initiatives (OpenCorporates, OpenOwnership, OpenDemocracy) to advocate for, amongst other things, improvement to Financial Crime legislation and transparent corporate registers.
He also works closely with a large number of investigative journalists helping them to identify and write about organised crime and corruption including both the FT and Berlingske (Danish newspaper) on the Danske Bank scandal and the ICIJ on the FinCEN Files. Graham also speaks with authority on the Deutsche Bank Mirror Trades and has recently been closely involved with a Lebanese documentary film maker revealing the deep associations between the UK shell company which allegedly bought the Ammonium Nitrate which blew up with such disastrous consequences in Beirut last August, and a bunch of other UK companies associated with a handful of sanctioned Syrian/Russian dual nationals.
Graham is the co-host of “The Dark Money Files” podcast, a weekly download covering all aspects of money laundering and financial crime. It has a very wide base of regular listeners from all over the world and, to date, there have been more than 350,000 unique downloads across all episodes.
Managing Director, Intelligence Strategy for Economic Crime, UK Finance
Karen joined UK Finance in October 2020 as Managing Director for Intelligence Strategy. Prior to this she was a police officer for nearly 29 years, st...
Karen joined UK Finance in October 2020 as Managing Director for Intelligence Strategy. Prior to this she was a police officer for nearly 29 years, starting her career in the Royal Ulster Constabulary and retiring from the City of London Police. Her final policing role was Commander and National Coordinator for Economic Crime across UK Policing. Karen’s responsibilities included Complex Fraud, Money Laundering, Overseas Anti-Corruption, Intellectual Property and the Economic Crime Academy. She deputised for the National Police Cyber lead and led on the ‘Protect strategy’ for cyber policing across UK.
As an investigator Karen has led and been operationally involved in virtually all aspects of serious crime investigation from organised criminality to safeguarding, murder and kidnap.
Karen has been key in areas of leadership including diversity and inclusion and the development of women and other minority groups across policing. She has a degree in Social Policy and holds a (Mst) with the University of Cambridge.
Director General, National Economic Crime Centre (NECC)
The NECC is a collaborative, multi-agency centre established to deliver a step change in the response to tackling Serious Organised Economic Crime. It...
The NECC is a collaborative, multi-agency centre established to deliver a step change in the response to tackling Serious Organised Economic Crime. It has been set up to protect the public, prosperity and UK’s reputation by leaving no safe space for criminals and reducing the threat of Economic Crime. Graeme was appointed Director General in March 2019, joining the agency from the Home Office where he had been Director National Security since 2016, providing leadership on the pursue element of the counter terrorism strategy and hostile state activity. His experience includes helping shape the response to the 2017 terrorist attacks, and the Salisbury attack; and overseeing the Investigatory Powers Act implementation programme across government. Before joining the Home Office, Graeme worked for the MoD, in a series of policy and change management positions. He was Chief of Staff to the Defence Secretary from 2013 until 2016.
LexisNexis® Risk Solutions provides customers with solutions and decision tools that combine public and industry specific content with advanced technol...
LexisNexis® Risk Solutions provides customers with solutions and decision tools that combine public and industry specific content with advanced technology and analytics to assist them in evaluating and predicting risk and enhancing operational efficiency.
We use the power of data and advanced analytics to help our customers make better, timelier decisions. Our innovative solutions enable organisations to manage risks like identity theft, fraud, money laundering and terrorism, and prevent financial crimes.
LexisNexis® Risk Solutions brings together physical identity attributes, including name, address, date of birth; with behavioural biometrics; and a powerful contributory database of digital identity intelligence: electronic devices and associated digital personas; enabling organisations to make more reliable fraud and risk decisions.
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