🔔 NEW REPORT: Levelling-up Trade Surveillance Functions, sponsored by PwC UK Read the full annual report: hubs.la/Q02HpYMw0 #TradeSurveillance #Surveillance #1LoD

🔔 New blog post: What to do about data completeness? Read the full blog here: hubs.la/Q02HBl8j0 #Surveillance #1LoDSurveillanceBlog #1LoD

Policies, app bans, and increased attestations were considered crucial in managing communication risks. Effective compliance relies on clear policies, robust training programmes, and strict enforcement. Read more: hubs.la/Q02K0MBp0, Sponsored by PwC UK #Surveillance

While some argued in favour of a globally consistent programme, others preferred a hybrid approach combining global standards and local requirements. #AsiaPacSurveillance #Surveillance #1LoD

We are delighted to share the annual report for XLoD Global - New York that took place in June. To read the report and gain the full depth of insights, please visit: hubs.la/Q02KLLG-0 📍 XLoD Global - New York 2024 #XLoDNY #1LoD #RiskManagement #Compliance #InternalAudit

The agenda for XLoD Global - London is now live and ready to download! View here: hubs.la/Q02KLHYd0 📍 XLoD Global - London 2024 - Innovation & Collaboration: Advancing Non-Financial Risk Management Across the 3 Lines of Defence #RiskManagement #Compliance #InternalAudit

Panellists agreed that data accuracy, completeness, and the integration of structured and unstructured data are critical issues for banks. To read the Trade Surveillance annual report,m please visit: hubs.la/Q02KVBBr0 Sponsored by PwC UK #TradeSurveillance #Surveillance

The basic geographical split may seem unsurprising, however, it means that more than half of all #surveillance staff are located in onshore hubs – why put so many people in expensive places? The 2024 Surveillance Benchmarking Survey & Report: hubs.la/Q02KVC0d0

Banks must show they have met global standards and local regulatory requirements, and provide evidence of regular reviews and updates to their risk-management strategies. Read the annual report: hubs.la/Q02KVGtR0 Sponsored by smartKYC #Onboarding #KYC #FinancialCrime

🛰️🌎 Please welcome Tim Peake, British European Space Agency Astronaut & Best Selling Author, who will be bringing a unique perspective in risk management direct from the aerospace and space exploration industry. Learn more: hubs.la/Q02KVDKF0 #RiskManagement #Aerospace

The Early Bird rate for The Financial Crime Summit - London is ending next Sunday 25 August! Don't miss out on this opportunity to save your seat at the lowest rate available. 📍The Financial Crime Summit - London 📆 5 September 2024 #1LoD #FinancialCrime #FinCrimeSummitLDN

Participants questioned whether existing technology is good enough to satisfy regulators’ expectations. Read more: hubs.la/Q02LGWBs0 📖 Sponsored by PwC UK #CommsSurveillance #Surveillance

Communication surveillance is even more complex in Asia Pacific because it is a multi-lingual region. A key takeaway was the potential for using AI as a first step for translation. Read the full report: hubs.la/Q02LVnFj0 #AsiaPacSurveillance #Surveillance #1LoD

Rapid changes in markets and technology have led to the creation of a complex financial infrastructure, making data tracking and regulatory compliance more complicated for banks. Learn more: hubs.la/Q02KVC950 Sponsored by PwC UK #TradeSurveillance #Surveillance #1LoD

Criminals increasingly use virtual wallets and cryptocurrencies to get around KYC procedures, taking advantage of the anonymity and ease of cross-border asset movement. Learn more: hubs.la/Q02KVGP40 Sponsored by smartKYC #Onboarding #KYC #pKYC #FinancialCrime

1LoD's #XLoD Global Surveillance Summit in New York emphasized the need for innovation in #compliance, yet many firms struggle to keep up. Is your firm keeping pace? Discover more: hubs.ly/Q02MMSZT0

The incorporation of new communication channels into banking operations involves a combination of strategic planning, technical integration, and ongoing monitoring and compliance efforts. #AsiaPacSurveillance #Surveillance #1LoD

Our Technical Director of BCB's Financial Crime team, Kamran Choudhary, is joining the illustrious Financial Crime Summit by 1LoD tomorrow as roundtable host, to facilitate the discussion with top practitioners from the world’s leading banks and other financial institutions

Today's a busy day for events! If you're at the 1LoD Financial Crime Summit in London, or the Transform Finance - Global Finance Community FinCrime & Cybersecurity Summit in Frankfurt, visit us! Find details of these, plus upcoming events, here 👉 ripjar.com/events/ #FinCrime #Cybersecurity

Warm wishes for Diwali to all from Team 1LoD!