Insights from Industry Experts Series Episode 3 with Claire Rees

2021 saw the FCA scrutinise retail banks and issue a ‘Dear CEO’ letter detailing common themes arising from the FCA’s assessments of retail banks’ financial crime systems and controls.  In late 2021 two retail banks were issued large fines for AML failings. Jade ThirdEye’s very own Claire Rees explores what went wrong and discusses what financial organisations should be considering when reviewing their AML/CTF programme to establish if it is appropriate for their risk profile. Contact us to learn more about how to adapt your solution to mitigate your AML risks.