Fintechs and digital-first financial service businesses have benefited from increased investment and customer growth in recent years. However, operating a regulated business brings great responsibility and when it comes to financial crime, the key elements of success are knowing your obligations and truly understanding your risks.
Building a robust AML/CFT structure can feel like a hurdle when you need to be focussing on scaling and building your USPs. It is also important to remember that although perfection is not possible and it is easy for businesses to fall into a ‘tick-box’ approach that focuses on doing ‘just enough’ to meet legal and regulatory requirements, more needs to be done.
Join Matthew Redhead, Associate Fellow, RUSI and experts from FINTRAIL, Beyond and Hubuc, as they discuss the processes, policies and platforms that will put you ahead in the fight against financial crime.
This webinar will provide Fintechs guidance around:
- The core fundamentals of financial crime responsibilities for AML programs following the international standard-setter Financial Action Task Force (FATF);
- The framework for taking a ‘Risk-Based Approach’ to these responsibilities and the principles and actions that should guide it
- The set of principles and actions which can help shape a flexible and robust framework.
- Matthew Redhead, Associate Fellow, RUSI (Moderator)
- James Nurse, Co-founder, FINTRAIL
- Matt Neill, Managing Director, Beyond & Fintech Innovation Network
- Justine Gilder, MLRO & Head of Compliance, Hubuc
Matthew Redhead, Associate Fellow, RUSI
Matthew Redhead is a researcher and writer on financial crime and national security topics. He is an Associate Fellow at The Royal United Services Institute (RUSI) and a regular contributor to Jane’s Intelligence Review on serious organized crime, financial crime, terrorism and intelligence. He has extensive experience in financial services, having trained originally as a ‘front office’ banker, and has more recently served in various senior roles in HSBC’s financial crime risk function.
Matt Neill, Co-founder, Beyond & Fintech Innovation Network
Matt Neill is the co-founder of Beyond, a specialist digital transformation consulting firm focused on financial services, and co-founder of the Fintech Innovation Network, a new platform with the goal of making the complex marketplace of Fintech solutions simple to navigate. At Beyond, Matt is focused on helping Financial Institutions to streamline, digitise and automate their client onboarding, operations and compliance processes – with the aim of increasing efficiency, enhancing controls and improving risk management. Prior to this, Prior to this, Matt started his career at Deloitte and has worked for a number of other specialist consulting firms, always focused on leading change within financial services.
James Nurse, Managing Director, FINTRAIL
James Nurse has spent the last 10 years working in the regulated financial sector. Having held first and second line roles in the gambling, challenger bank and money transfer space, James brings a wealth of experience from the fast moving Fintech space. James blends his knowledge of financial crime prevention with an understanding of how technology can support exciting growth in the Fintech sector while managing the risks posed by the ever-more innovative criminal schemes we see today.
Justine Gilder, Head of Compliance & MLRO, HUBUC
Justine Gilder is the Head of Compliance and Money Laundering Reporting Officer (MLRO) at HUBUC, the next generation of Banking-as-a-Service platform. With over 25 years’ experience in compliance and retail banking management, Justine has been the driving force behind the business growth of numerous financial services firms, both in consultancy roles as well as key internal positions; focusing on the creation, implementation and development of financial crime prevention frameworks. With a background that covers both larger, established firms as well as startups, Justine is adept at securing cross-functional engagement and compliance with Financial Services standards; ensuring, not only that these are met from Day One, but remain at the forefront of everybody’s mind as they continually evolve.
Today, it is Justine who takes ownership of the compliance agenda at this YC startup alumnus; delivering on HUBUC’s ambitious plans for growth with zero tolerance for failure to adhere to the firm’s commitment to the compliance of the cutting edge services that it provides.