Recent revelations of money laundering cases involving major banks are the latest but unfortunately not the least examples of the growing pain and severe consequences of lax control in financial crime compliance (FCC) operations.

Therefore, it was not a surprise to see that financial crime compliance was again a major theme at this year’s Sibos – it not only highlights the growing challenge for banks in FCC, but also emphasizes the need for industry dialogue, collaboration, and knowledge sharing that can be facilitated through such an industry forum.

We explore FCC from a variety of angles including: sanctions; money laundering; terrorist financing; and fraud and how you can master those angles to achieve success.