Project Financial Crime

Project Financial Crime is supported by our Benefactor:

Mission Statement: To deliver community-driven activity to address the problems posed by digital and financial criminal activity, shapes industry policy and approach, and positions the EPA and its members as leaders in tackling financial crime. 

Project Financial Crime will raise awareness of the impact of financial crime on the public, consumers and businesses and the importance of combatting it through policy statements and thought leadership.

Project Financial Crime will enable the payments industry to mitigate and reduce financial crime by.

  • Analysing the weaknesses in current processes, practices and available data.
  • Identifying barriers that inhibit the payments industry in successfully reducing financial crime and how they may be overcome.
  • Overturning legacy thinking about compliance and ensure best methodologies are deployed by highlighting best practice.
  • Identifying types of behaviour which are indicative of financial crime.
  • Identifying where technology can help the payments industry meet both commercially for example to onboard customers.

 

Project Financial Crime will also work with enforcers of AML on the importance of their role and its societal impact and influence their policies and work plans e.g. To persuade regulators to issue relevant and practical guidance such as explaining “The risk-based approach” versus tick box.

Project Financial Crime will encourage industry collaboration and call for the sharing of information to highlight the changing nature of fraud and the rapid pace of movement. This information sharing will include case-studies (commercial and/or regulatory) that highlight good practice, showcase incidences of poor financial crime monitoring and reporting, and to highlight where manipulation has occurred. The project will highlight data and evidence-based research – either generated from project-produced reports or championing research through thought leadership content.

Project Financial Crime Team

Leader

Jane Jee – CEO, Kompli-Global

Mentor

John Davies – CEO, The Just Loans Group

Team Members

Jonathan Jensen – Commercial Director Identity, GBG
Verity Snelson – Risk Intelligence Manager, Refitiniv
Aravind Narayan – Solution Consultant, Refinitiv
Steve Pannifer – Chief Operating Office, Consult Hyperion
Victoria Preece – Compliance Manager, allpay
Gary Pine – Chief Product Officer, W2 Global Data Solutions
Andrew Churchill – Director, Technology Strategy
Katie Hamilton – Manager, Group Fraud Industry Developments, Lloyds
Phil Creed – Head of RegTech, fscom
Debra Linge – Group Fraud and Financial Crime, Lloyds Banking Group
Tim Ayling – Vice President EMEA, Buguroo
Asaf Yacobi – Presales Director, Buguroo