The Combatting Financial Crime event at the FT Banking Summit will explore many issues, including which crimes pose the biggest threats, the ever-changing attack vectors deployed by criminals, including cyber attackers, and what is being done to implement effective counter measures against all forms of crime. Boards and executive management need to appreciate the seriousness of the threats and allocate budget accordingly. Is more regulation needed to persuade banks to improve their anti-crime controls? How effective is regulation anyway – for example, has the EU’s General Data Protection Regulation (GDPR) helped reduce data theft?
Moderated by senior FT journalists, this event will bring together anti-financial crime experts from banks, regulators, law enforcement agencies, police forces and other organisations to discuss the problems and work out the solutions.