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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

Uncovering Financial Crime Victims with Transaction Monitoring - Colin Dixon, AML Specialist

Traditionally, anti-money laundering transaction monitoring practices focus on identifying offenders. However, for every offence, there is a victim and the effect upon the victim is often life-changing and long-lasting.

Colin Dixon, AML Specialist at Jade ThirdEye, explores how transaction monitoring can help identify the financial patterns that may indicate someone is a victim of Financial Crime.

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

#AML #FinancialCrime #AMLcompliance #FinancialCrimeCompliance #FightFinancialCrime

Adapting your AML solution to emerging risks with Claire Rees (part 2).

In the second of our 2-part podcast, Claire Rees explores adapting your AML solution to emerging risks.  Claire has over 21 year's experience working in Risk Management roles in financial services, 17 years of which were spent specialising in Financial Crime Prevention in a number of senior roles including most recently as Head of Fraud and AML with a mortgage lender and service provider. Contact us to learn more about how to adapt your solution to mitigate emerging risks.

Adapting your AML solution to emerging risks with Claire Rees (part 1).

Claire Rees explores adapting your AML solution to emerging risks.  Claire has over 21 year's experience working in Risk Management roles in financial services, 17 years of which were spent specialising in Financial Crime Prevention in a number of senior roles, including most recently as Head of Fraud and AML with a mortgage lender and service provider. Contact us to learn more about how to adapt your solution to mitigate emerging risks.