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What are leaders’ priorities in 2025, and what are the most material risks banks are facing? Has there been a paradigm shift in banks’ view of risks in the wake of increasing emerging risks? In a time of cost cutting and doing more with less, will innovation across the 3 lines of defence be accelerated or stalled? Paul Rayson, Chief Operating Officer – Markets, Citi, Tracey McDermott, Group Head, Conduct, Financial Crime and Compliance, Standard Chartered,  Laura Needham, Group Chief Internal Auditor, Lloyds Banking Group, and Matt Smith, Chief Executive Officer, SteelEye will discuss how banks are managing emerging risks, and the steps they are taking to assess and manage risks arising from geopolitical tensions and global economic uncertainties. 📍 XLoD Global - London 2024 - Innovation & Collaboration: Advancing Non-Financial Risk Management Across the 3 Lines of Defence 📆 13 & 14 November 2024 #XLoDLDN #1LoD #RiskManagement #Compliance #InternalAudit

Criminals increasingly use virtual wallets and cryptocurrencies to get around KYC procedures, taking advantage of the anonymity and ease of cross-border asset movement. Banks have responded by improving their monitoring systems and employing sophisticated techniques to track and analyse crypto transactions. To read the annual report and gain insights, please visit the link in the comments. 📍 Onboarding & KYC Deep Dive 📖 Sponsored by smartKYC #Onboarding #KYC #pKYC #FinancialCrime

Uncover industry insights and key takeaways from our latest reports in our Knowledge Hub, each carefully curated and packed with intelligence to help you benchmark and make informed decisions: ➡️ Surveillance Leaders' Network: Enhancing Surveillance Data Governance and Conduct Risk Detection Thank you to the sponsors of this Leaders' Network: Behavox, Fenics Market Data, Insightful Technology, and Smarsh Curious for more? The link in the comments will take you straight to our reports 📚 #KnowledgeHub #1LoD #2LOD #3LOD

Rapid changes in markets and technology, as well as financial sector consolidation due to numerous bank mergers, have led to the creation of a complex financial infrastructure. This makes data tracking and regulatory compliance more complicated for banks. While regulations are supposed to mitigate risks, they can also increase the burden on firms. To read the annual report and gain insights, please visit the link in the comments. 📍 Trade Surveillance Deep Dive 📖 Sponsored by PwC #TradeSurveillance #Surveillance #1LoD

📖 The 2024 Surveillance Benchmarking Survey & Report found that in terms of language coverage, almost half the banks polled surveilled between zero and five languages. This may seem too small a number, but if you exclude Chinese and Indian languages and dialects, and focus on the languages spoken in the most heavily traded markets globally, then a list that includes English, French, Spanish, German and Portuguese, for example, would give a lot of coverage in Europe and Latin America. Banks regionally focused in Asia or the Middle East would have to substitute in Korean, Japanese, Arabic and, potentially other languages. But five would cover a lot of ground. To download and read the full report, please check the link in the comments. The report is sponsored by: Lead Sponsors: Smarsh, Business Systems Co-Sponsors: Bloomberg, b-next group, Eventus, LeapXpert, MCO (MyComplianceOffice)

XLoD Global - London returns stronger than ever, bringing together the most senior leaders in financial services to explore the evolving landscape of non-financial risks, enterprise wide. This year we have a fantastic line up, with an additional stream: NFR Technology, new plenary panel discussions, and a unique keynote address direct from the aerospace and space exploration industry, delivered by Tim Peake, British European Space Agency & Best Selling Author - all set in the newest and largest venue in the City of London: Convene Sancroft, St. Paul's. 📍 XLoD Global - London 2024 - Innovation & Collaboration: Advancing Non-Financial Risk Management Across the 3 Lines of Defence 📆 13 & 14 November 2024 #XLoDLDN #1LoD #RiskManagement #Compliance #InternalAudit

Uncover industry insights and key takeaways from our latest reports in our Knowledge Hub, each carefully curated and packed with intelligence to help you benchmark and make informed decisions: ➡️ Asset Management Compliance Leaders' Network Forecast 2024: Navigating the evolving landscape of asset management compliance ➡️ Asset Management Compliance Leaders' Network Forecast 2024: Embracing Advanced Technologies The Future of Risk Management and Compliance in Asset Management Thank you to the sponsors of these Leaders' Networks: ACA Group, Behavox, and Kaizen Curious for more? The link in the comments will take you straight to our reports 📚 #KnowledgeHub #1LoD #2LOD #3LOD

Please give a warm welcome to our sponsors of The Financial Crime Summit - London who are bringing their expertise and enthusiasm to make this event a success. Thank you to our: Lead Sponsors: Deloitte, NICE Actimize, SymphonyAI Co-Sponsor: Ping Identity Associate Sponsors: BeyondFS, Dow Jones Risk & Compliance, eClerx, Encompass Corporation, FinScan, GSS - Global Screening Services, Quantifind, Ripjar, ThetaRay, TRM Labs, WorkFusion Exhibitors: Davies, Hummingbird, Lucinity These industry leading consultants and technology solution providers will be joining senior practitioners from the world’s leading banks and other financial institutions to discuss the future of combatting financial crime. 📍The Financial Crime Summit - London - Strengthening Financial Crime Risk Management through Innovation, Collaboration, and Technology 📆 5 September 2024 #1LoD #FinancialCrime #FinCrimeSummitLDN

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. By focusing on obtaining high-quality translations, banks can leverage their existing English language-oriented programs for detection, which is more efficient and consistent. This approach shows the importance of investing in robust translation solutions, providing a clear strategy for vendors and in-house developers. To read the annual report and gain insights, please visit the link in the comments. 📍 AsiaPac Surveillance Deep Dive 📖 Sponsored by Eventus and OneMarketData #AsiaPacSurveillance #Surveillance #1LoD

Participants questioned whether existing technology, which can be used to prove that firms follow specific policies and procedures, is good enough to satisfy regulators’ expectations: Most agreed that continuous improvements and robust systems for data management are required. Firms need to integrate new technology with legacy systems so they can handle large volumes of data efficiently, and this is difficult. To read the annual report and gain insights, please visit the link in the comments. 📍 Comms Surveillance Deep Dive 📖 Sponsored by PwC #CommsSurveillance #DeepDive #1LoD