The aim of an AML/CTF regime is to detect and deter criminal abuse of the financial system and financial institutions play an integral role, both globally and domestically. Financial institutions are obligated to meet AML/CTF regulatory requirements, but is this as far as their role goes? Are they also there to assist law enforcement and governments bring people to justice. Wendy Ward will discuss this in further detail and highlight -

• Building and maintaining a culture of compliance – why compliance is important?
• The importance in educating business to understand their financial crime risk
• Collaborating with stakeholders to establish robust frameworks, with appropriate systems, controls and procedures to ensure compliance and assist in the identification of financial crime activity.