Firms must have a robust Suspicious Activity Reporting framework in place to detect and report potential financial crimes, such as fraud, money laundering and terrorist financing. This ensures compliance with laws and regulations, prevents risks, and protects the firm's reputation.
Regulators expect Suspicious Activity Reporting to be part of a holistic approach to managing risk. This webinar aims to provide attendees with a comprehensive understanding of the reporting lifecycle, from the point of escalation to a disclosure and beyond. It will explore practical scenarios to challenge participant's thinking, spark discussions, and encourage meaningful questions. The webinar will cover:
- Key Principles of Suspicious Activity Reporting
- End to end SARs process from point of escalation to a disclosure and beyond
- Common pitfall
- Risks of inadequate Suspicious Activity Reporting
- Integrating Suspicious Activity Reporting into a comprehensive risk management strategy
Participants will be able to enhancing their understanding of the practicalities involved in Suspicious Activity Reporting and sharpening their investigative skills via case studies and real-world examples.
Tom is an experienced and highly professional financial crime compliance specialist, with a great eye for detail, a clear, logical mind, and a practical approach to problem solving. Before joining Ghana International Bank as a Senior Financial Crime Manager and Nominated Officer, he held several roles in the financial services industry as well as the consulting sector, including as Financial Crime Advisory Manager for Deloitte; Associate Director, FCC Controls for Standard Chartered Bank; Financial Crime Forensic Manager for KPMG; and FIU Financial Crime Consultant for Wells Fargo. He is a Certified Fraud Examiner, Certified Anti-Money Laundering Specialist, and holds an MBA in Sustainable Finance.