Spotlight on AML

Jade ThirdEye UK - In case You Missed It: ECC Interview with Lindsey Woodward, Dep MLRO Virgin Money

Claire Rees, Financial Crime Regulatory Specialist at Jade ThirdEye is joined by Lindsey Woodward, Deputy MLRO at Virgin Money, to discuss key highlights and takeaways from the UK Economic Crime Convention.

🌟 What’s Covered in This Episode:

Passion in the Industry: The drive and enthusiasm of professionals across fraud, financial crime, and compliance.

Challenges of Regulation: Balancing scalable regulations for firms of all sizes.

Failure to Prevent Fraud: Exploring how new guidance might reshape industry practices in 2025.

Balancing Acts: Managing access to cash while addressing financial crime risks.

Tune in to hear their thoughts on the future of financial crime prevention, upcoming regulatory changes, and how the industry is shaping up for an exciting year ahead.

👉 Don’t forget to like, share, and subscribe for weekly updates! #EconomicCrime #AML #Compliance #JadeThirdEye #FraudPrevention #FinancialCrime

In Case You Missed It - Episode 4: Highlights from UK Finance ECC 2024

Join Adrian Isaac and Claire Rees DipFCP, DipAML, as they recap an insightful day at the UK Finance Economic Crime Congress in London.

• Key Theme: Future and Effectiveness
• Risk-Based Approaches Evolving 
• DAML Threshold Changes 

#AML #Fraud #Compliance #FinancialCrime #UKFinance

In Case You Missed It - Episode 3, 6 December 2024

🎥 In Case You Missed It! A round-up of the latest Financial Crime headlines you need to know from the Jade Thirdeye UK team: 

🗞️ FCA’s Finalised Financial Crime Guide – Practical tips for firms to tackle financial crime risks effectively. FCG.pdf

🗞️ Basel AML Index 2024 – Insights into global money laundering risks and rankings. Basel AML Index 2024 | Basel Institute on Governance

🗞️ Operation Destabilise – The NCA’s massive takedown of Russian-linked money laundering networks, leading to 84 arrests. Operation Destabilise: NCA disrupts $multi-billion Russian money laundering networks with links to, drugs, ransomware and espionage, resulting in 84 arrests - National Crime Agency

#Financial Crime #AML #Fraud 

In Case You Missed It - Episode 2, 29 November 2024

Join our UK Jade ThirdEye experts, Claire Rees DipFCP, DipAML, and Adrian Isaac, as they roundup the week’s financial crime stories. 

Key Highlights This Week:

📌 ICO Guidance: Practical advice on using data to combat scams and fraud. Data protection is not an excuse when tackling scams and fraud | ICO
📌 Charity Commission Update: Refreshed guidance to help trustees protect their charities. Regulator refreshes guidance as it reveals 600 cases related to fraud in the last year - GOV.UK
📌 FCA Fine: Macquarie Bank Limited (London Branch) hit with a £13m fine for serious control failures. MBL fined £13m for serious control failures that allowed trader to conceal over 400 fictitious trades | FCA
📌 BBC Scam Safe Quiz: Test your scam awareness with this interactive tool. BBC Scam Safe quiz: How scam savvy are you? - BBC Bitesize

#Financial Crime #AML #Fraud 

In Case You Missed It - Episode 1, 22 November 2024

The UK Jade ThirdEye Team has launched a weekly financial crime news update, "In case you missed it"!  Join our very own Claire Rees DipFCP, DipAML, and Adrian Isaac as they deliver a bitesize roundup of the week’s key developments in the world of financial crime. 

https://www.theguardian.com/world/2024/nov/17/uk-territories-laundering-money-crime-margaret-hodge-andrew-mitchell

https://www.fca.org.uk/news/press-releases/fca-charges-four-individuals-fraud-offences-relating-failed-credit-union

https://www.bankofengland.co.uk/report/2024/artificial-intelligence-in-uk-financial-services-2024?sf207477876=1

#FinancialCrime #AML #Fraud

Latest financial crime trends and the crucial role of SARs

Jade ThirdEye's Adrian Isaac talks to Gareth Dothie, Detective Inspector, Fraud Operations, National Lead Force for Fraud, City of London Police, about the latest financial crime trends and how SARs play a crucial role in fighting financial crime.  

Find out more about Jade ThirdEye or book a demo at https://www.jadethirdeye.com/ or the National Lead Force for Fraud, City of London Police at National Lead Force | City of London Police

#SARs #AML #financialcrime #Londoncitypolice #fraud

Build Vs Buy for AML Software

Jade ThirdEye's Adrian Isaac and Jessica Cath of Thistle Initiatives discuss what to consider when deciding between build versus buy for AML Software.  

Find out more about Jade ThirdEye or book a demo at https://www.jadethirdeye.com/ or Thistle Initiatives at thistleinitiatives.co.uk 

#buildvsbuy #AML #FinancialCrime #AMLcompliance

Reference: Coinbase from open-source Consent Order, Jan 2023 - https://www.dfs.ny.gov/system/files/documents/2023/01/ea20230104_coinbase.pdf

Making a difference in the fight against scams -Stop Scams UK

Jade Third Eye's Adrian Isaac talks to Simon Miller of Stop Scams UK about how the organisation is helping businesses in the fight against scams.  

Find out more about Jade ThirdEye or book a demo at https://www.jadethirdeye.com/ or Stop Scams UK at Stop Scams UK

#AML #FinancialCrime #AMLcompliance #FinancialCrimeCompliance #FightFinancialCrime

#scams #StopScams #StopScamsUK #Fraud

Key Components to a Robust Financial Crime Reporting Culture

Adrian Isaac, Client Manager at Jade ThirdEye explores the Key components to a robust and a healthy AML and Financial Crime reporting Culture with Gill Davidson, Non-Executive Director and Board Advisor.

Find out more about Jade ThirdEye or book a demo at https://www.jadethirdeye.com/

#AML #FinancialCrime #AMLcompliance #FinancialCrimeCompliance #FightFinancialCrime #FinancialCrimeReporting

Putting the customer first in the fight against financial crime

Stacey Blackwell, Head of Financial Crime at Skipton Building Society, explores how to put the customer first in the fight against financial crime with Jade ThirdEye's very own Adrian Isaac.  

Find out more about Jade ThirdEye or book a demo at https://www.jadethirdeye.com/

#AML #FinancialCrime #AMLcompliance #FinancialCrimeCompliance #FightFinancialCrime