Forecast 2025: Progress, Fragility and the New Politics of Financial Crime Prevention
Financial crime prevention is improving, thanks to biometrics, tracking of devices, and dynamic monitoring, but banks must still tackle the problems of regulatory divergence and inconsistent collaboration. The senior managing directors and practitioners at 1LoD’s Financial Crime Summit in London discussed the industry’s move from static checks and isolated pilot schemes to a more continuous monitoring of behaviour, management of risk, and wider sharing of data.
