Beyond Financial Crime, ESG and Risk and Conduct Risk in Modern Compliance - Freemium
Description
In this episode, we shine a spotlight on major financial crimes—money laundering, fraud, bribery, corruption, and market abuse—unpacking their definitions, common perpetrators, and methods, including the three-stage laundering process of placement, layering, and integration. We examine why certain financial products and corporate structures are especially vulnerable, and how strong measures like customer due diligence (CDD), enhanced checks for Politically Exposed Persons (PEPs), and robust internal controls can help prevent abuse. The episode also explores the rising importance of ESG factors, the role of conduct risk management in fostering a customer-first culture, and the need for prudential compliance to maintain market stability. Throughout, we highlight how effective GRC frameworks—supported by continuous staff training—form the backbone of prevention and resilience in the fight against financial crime.
United States
