Financial Crime Workshop - Programme

Chris Leatherland, MLRO and Head of Financial Crime, NewDay Limited

10.05 - 10.30          Economic Crime Landscape: Likely developments and trends over the next 12 months

• The new failure to prevent Fraud offence;
• Will the Identification Principle be amended?
• Enforcement trends
• Sanctions – the future? What is the FCA looking to do?

• Framework, Rules, and Legislation
• GPG 45 – How to check someone’s identity
• Alpha and Beta testing, Adoption sprints and Sandbox testing
• Governance
• Certification

MyIdentity Scheme: Scheme in the Homebuyers and Sellers space

• Customer on boarding
• Reuse e.g. other financial product
• Direct debits
• Fraud
• Digitisation & ops. Improvements
• Support wider growth

Digital Identity and Bank Assured Identity (BAI)

• Using the Open Banking network for DI
• What BAI can verify
• What the research shows

Ewan Willars, Upstreaminsight

11.15 - 11.45          Cyber Security: Homo economicus versus you, me and us

• Why behavioural economics can improve your cyber security,
• Ransomware; and
• What are your other legal exposures

11.45 – 12.15          Comfort break

12.15 -12.35          Anti-Money Laundering session

• An update on recent developments
• Analysis of the UKFIU's annual report. What does it tell us?
• Enforcement trends – where are things going?

12.35 - 13.05          Panel discussion

Economic Crime – What keeps C Suite awake at night?

13.10 - 14.30          Networking Lunch

14.30                      Workshop Closes