As part of the UK Economic Crime Bill 2.0, Companies House reform is an anticipated and welcomed change article!

The proposed amendment is rumoured to broaden the Registrar of Companies’ powers to become a more active gatekeeper over the creation/updating/removal and custodian of more reliable data, including new powers to check, remove or decline information submitted to, or already on the registry.

How will be this done and with what resources? And how will it compare to other countries’ systems, such as under the US AMLA?

So what is needed? What is on the wish-list of end-users of the data? And how can RegTech innovation fill-in the missing pieces of the puzzle?

Area of expertise:
Neil Isherwood

Neil Isherwood

SME & Strategy Leader, Dun & Bradstreet

With 20 years of experience in the information industry, Neil works with his customers to help them improve their data flow into their organisations u...

With 20 years of experience in the information industry, Neil works with his customers to help them improve their data flow into their organisations using integration, technology and hosted solutions to aid better decision-making and risk mitigation. The majority of his experience has been in the financial services industry where he continuously works to understand the client’s challenges, monitor the shift in the regulatory landscape, and then in turn look to data and technology led innovation to bring practical solutions that enhance the customer and supplier due diligence processes.

Read more
Charmian Simmons

Charmian Simmons

Financial Crime and Compliance Expert, SymphonyAI Sensa-NetReveal

Charmian Simmons is a Financial Crime and Compliance Expert for Financial Services covering the EMEA region. She has over 20 years of experience in th...

Charmian Simmons is a Financial Crime and Compliance Expert for Financial Services covering the EMEA region. She has over 20 years of experience in the financial sector across risk management, financial crime, internal controls and IT advisory. She is responsible for providing practitioner expertise, thought leadership and analyzing key policy/regulatory/cultural/technology drivers transforming the compliance market. Charmian is CAMS, CRMA, CDPSE and CISA certified.

Prior to joining SymphonyAI Sensa-NetReveal, formally BAE Systems, Charmian was a Regional Director of Strategy and Performance for the Risk business at Refinitiv, the Head of Audit in North America at Lloyds Banking Group USA, and a Vice President at Morgan Stanley covering Institutional Securities and Capital Markets.

Read more
Nick van Benschoten

Nick van Benschoten

Director, UK Finance

Nick delivers economic crime policy and advocacy on behalf of members, leading on international engagement, benefi cial ownership and grand corruption...

Nick delivers economic crime policy and advocacy on behalf of members, leading on international engagement, benefi cial ownership and grand corruption. He provides the secretariat for the Anti-Bribery and Corruption panel and supports the money laundering advisory panel and UK Finance input to the economic crime reform programme. Prior to UK Finance, Nick worked both as a private sector advisor, supporting audits of corporate compliance and government reviews of public contractors and local authorities, and as a civil servant, representing the UK at the OECD working group on bribery and the OECD Responsible Business Conduct working group.

Read more
Meagan Birch

Meagan Birch

Deputy MLRO

Meagan Birch was first authorised as SMF16/17(CF10/11)in 2018 and has now held those posts a few times for interim positions. Most recently she i...

Meagan Birch was first authorised as SMF16/17(CF10/11)in 2018 and has now held those posts a few times for interim positions. Most recently she is working at OakNorth as an interim Risk and Compliance lead and DMLRO. Before this, she was the Global Head of Compliance and MLRO for a Crypto business steering the company through the complex TRR with the FCA and eventually leading the establishment of a new entity in Lithuania. 

Meg is passionate about making AML & Compliance exciting, engaging and effective! Given the industry has a global effectiveness rate of 1-2% - Meg's also vociferous about the need for new ideas and thinking to detect and prevent financial crimes.  She is passionate about making compliance something businesses view as both necessary and vital to sustained business growth.

She has led many risk and regulatory compliance programmes including: MiFID II, Market, Credit & Liquidity Risk efforts as well as Compliance with ABC, KYC/CDD, Sanctions & Anti Money Laundering.

https://clicktime.cloud.postoffice.net/clicktime.php?U=https%3A%2F%2Fwww.linkedin.com%2Fin%2Fmeagan-birch-5298809&E=florence.heynard%40baesystems.com&X=XID281AHym7r9370Xd3&T=BAES&HV=U,E,X,T&H=6a50ec93eaa6d715cff4d987c4d360197bbd3933

Read more
Ann Doan

Ann Doan

Managing Associate General Counsel, Global Financial Crime Legal Advisory , HSBC

SymphonyAI Sensa-NetReveal

SymphonyAI Sensa-NetReveal

Sensa-NetReveal provides financial crime, risk management, and fraud detection and prevention for banking, financial markets, and insur...

Sensa-NetReveal provides financial crime, risk management, and fraud detection and prevention for banking, financial markets, and insurance. The Sensa-NetReveal platform is adaptable to the evolving and heterogeneous financial services sector, delivering power and flexibility in analytics, investigation, integration, security, and lower total cost of ownership. Learn more at baesystems.com/financialservices.

Read more

Banks and law enforcement agencies exclusively.
Compliance and AML professionals exclusively

Click the image below to watch the webinar againHow could new approaches to Fincrime and RegTech be used for serious Companies House reform