Webinar Replay —2023 Fraud and Financial Crime Webinar

September 27, 2023
| ( Online )
2023 Fraud and Financial Crime Webinar—Navigating the Complex Landscape of Financial Crime and Technology

Financial crime continues to be a leading crime threat around the world. It is estimated that more than USD 800 billion is laundered every year, causing a significant impact on the global economy and creating considerable challenges for financial institutions, corporates and governments.

Our 2023 Fraud and Financial Crime Report surveyed 400 executives and risk professionals across the globe to better understand how leaders are navigating the complex, innovative and ever-changing world of financial crime and how technology may help.

In this webinar, Kroll's experts discussed key takeaways from this year's report and strategies for getting ahead in the evolving fight against fraud and financial crime.

Speakers

  • Haydn Jones, Managing Director and Global Head of Blockchain and Cryptocurrency Services
  • David Lewis, Managing Director and Global Head of AML Advisory
  • Maria Evstropova, Director, Financial Services Compliance and Regulation
  • Mariellen Davies-DeMarco, Managing Director, Compliance Risk and Diligence
 

Key Findings

 
  • Sixty-nine percent of global executives and risk professionals surveyed expect financial crime risks to increase over the next 12 months.
  • Sixty-seven percent of global respondents plan to invest in technology in the next year to tackle the likely increase in financial crime.
  • The financial crime risk posed by cryptocurrency is a source of concern for 78% of participants.
  • Only 25% to 30% of respondents from the EU, the UK, Singapore and the U.S. believe their compliance programs to be very effective.
 

Download 2023 Fraud and Financial Crime Report for more.


Anti-Money Laundering

Kroll’s anti-money laundering (AML) solutions are designed to help minimize the risks associated with money laundering and other illicit activities and to ensure compliance through the development and management of ongoing compliance programs and processes.

AML Compliance Due Diligence

Kroll helps clients navigate the complexities of today’s regulatory environment through a broad suite of anti-money laundering compliance screening and due diligence offers.

Cryptocurrency Compliance, Risk and Investigation Services

Kroll is the leading global provider of crypto compliance, risk, and investigative services. Since the introduction of the first virtual asset in 2009, Kroll has worked side-by-side with crypto companies, investors, and law enforcement to help them meet their most critical challenges.


Financial Crime Prevention

Financial crime risk has again risen to the top of the regulatory agenda, and remains one of the most immediate risks for many firms, with criminals constantly seeking new ways to circumvent protective controls.

Anti-Money Laundering and Sanctions

Kroll provides comprehensive AML support to all financial service firms in the UK and abroad.