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?

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.

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Charmian Simmons

Charmian Simmons

Financial Crime and Compliance Expert, BAE Systems Digital Intelligence

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 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.

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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.

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BAE Systems Digital Intelligence

BAE Systems Digital Intelligence

BAE Systems Digital Intelligence protects businesses, nations and people - against crime, terrorism and state conflict. We are part of BAE Systems, wh...

BAE Systems Digital Intelligence protects businesses, nations and people - against crime, terrorism and state conflict. We are part of BAE Systems, which defends nations across land, sea, air and cyber domains.

Organisations must transform and enable change, but the threats of the digital landscape are serious and urgent. They work across borders, jurisdictions and sectors, which is why we do too.

We have 4,000 experts working in 17 countries across the globe, to help our customers achieve their goals.

In financial services, we build on our market-leading financial crime solutions, helping financial institutions globally to fight financial crime and cyber risks. This not only helps the FS industry play its part in keeping society safe but also enables it to operate effectively under tough regulatory pressures. In the public sector, we are the leader in delivering secure complex data projects for government organisations. Meanwhile our cyber security expertise provides security operations and management services to governments, financial services and other complex organisations.  BAE Systems Digital Intelligence can help defend a nation's people, economy, financial institutions and infrastructure from online and offline threats.   Our expertise is unique in that we have applied cyber defence expertise used to defend nations and states to financial services firms.

Across these three domains, we use data insights to protect and support, we secure customer missions with information and operational advantage, and we build transformative models for the future.

For more information visit our Website: www.baesystems.com/en-financialservices/home

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

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