We’re hosting a webinar with the UK Financial Intelligence Unit (UKFIU) on financial crime in the payments and e-money sector on 18 July 2023, 1.30-3pm.
Fighting financial crime in the payments and e-money sector requires a collective effort across law enforcement, supervision authorities, firms and Government.
This webinar builds on our public commitment to reduce and prevent financial crime in our 3-year strategy, in addition to the latest payments and e-money portfolio letter and the Consumer Duty.
It also aligns with recommendation 17 of the Economic Crime Plan 2 to develop a 4P approach (Prevent, Protect, Prepare, Pursue) to target criminal use of FinTech, and linked enablers such as e-money institutions.
The webinar will offer attendees the opportunity to understand:
- Suspicious Activities Reports (SARs) reporting process and value as a vital tool in identifying criminal actors and the UK’s action plan for anti-money laundering and terrorism financing.
- Our expectations for effective financial crime systems and controls to protect customers' money and prevent harm.
Speakers include senior representatives from the FCA and UKFIU.
Who should attend?
The webinar is targeted at payments and e-money institutions, as well as associated trade associations.