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AFB Virtual Practice Workshop: Think Like a Criminal to Enhance your Effectiveness

When considering your firm’s financial crime risk management, are you focussing on how it satisfies regulatory requirements or are you also considering how effective it is at actually preventing crime and the financing of terrorism in the real world? 

The AFB is delighted to partner again with Great Chatwell Academy of Learning to bring a Practice workshop to members that is designed to provoke thought and discussion on how thinking like a poacher is essential to becoming a more effective gamekeeper and therefore increasing the opportunity to deter, disrupt and detect crime.


Why attend?

This Practice workshop will provoke critical analysis of the ‘group think’ mentality around risk assessment. It will facilitate the sharing of new ideas and guidance on how to enhance the effectiveness of financial crime compliance (FCC) results, in particular for anti-money laundering, at a time when regulators are actively challenging firms to enhance the outcomes of their FCC policies, controls and procedures.

This will be a highly interactive session, where participants will be encouraged to share their own thoughts, perspectives and experiences to enhance new ideas on practical steps that can be taken to highlight unusual activity with greater confidence and comfort. This will lead to better quality suspicious activity reporting and enhanced customer service.

What will participants learn to be able to use Back@Bank after this session?

The overall aim of the session is to help participants improve the effectiveness of their financial crime risk management. By learning to think more imaginatively, controls and transaction monitoring can be adapted to better align to actual risks within a firm. As a result, risk assessments can be conducted with a more tailored approach. By starting to think like a poacher, you will become a better gamekeeper and achieve better results.

Who should attend?

This Practice workshop is aimed at all those involved in managing financial crime risks at both an operational and strategic level within their firm, as well as those with oversight roles such as SMF holders and those in internal audit.

Speakers

Lee Byrne – Founder and Managing Director, Great Chatwell Academy of Learning

Lee Byrne is a highly respected financial crime prevention professional, with more than 30 years international operational and management experience.  Lee specialises in the design, development and delivery of financial crime compliance systems and controls to manage and mitigate financial crime risks; including money laundering, trade-based money laundering, sanctions evasion, tax evasion, sanctions, bribery, corruption and terrorist financing risks.

He is currently engaged by a Schedule One Professional Body AML Supervisor to contribute to the ‘future-proofing’ of regulatory oversight and is retained as a consultant SME and advisory to several regulated firms.

Formerly, Lee has held the position of Head of Compliance & Financial Crime at a UK authorised bank and was approved as the CF11 Money Laundering Reporting Officer (MLRO) Approved Person and Nominated Officer. He has worked in many of the major financial markets, giving him extensive knowledge and insights to international financial crime compliance best practices.

Great Chatwell Academy of Learning have partnered with AFB for the last two years and deliver the AFB Financial Crime (AML) Diploma course. The next course will run in 2022 and further details can be found here.

Optional Open Surgery from 10:30 – 11:00

After the virtual Practice workshop finishes, members are invited to remain online for an Open Surgery session with Lee who will be happy to answer questions on financial crime risk management.

Logistics

Please note the AFB has a new website and member portal, you will need to log in to our member portal to complete your event registration.  The log in details you used previously on our old website will no longer work.  Your username is your email address, use the ‘Recover your log in details’ button as this will allow you to set a password.  Alternatively,  If you cannot remember your password, you can reset this here or email imola.farkas@foreignbanks.org.uk 

Format:          Virtual workshop (platform: Zoom)

Cost:              £220 + VAT

Date:              Tuesday, 7 December 2021

Time:              09:30 – 10:30 – Virtual Practice workshop

                      10:30 – 11:00 – Optional Open Surgery

Places:            Maximum of 30 people

There will be ample opportunity for questions throughout the session, however, if you would like to submit a question before or have any specific questions or areas that you would like the virtual session to address, please send them to the AFB at secretariat@foreignbanks.org.uk as soon as practicable. You will receive details on how to join the Virtual Practice workshop a few days before the event.

The Practice workshop will be held under the Chatham House Rule, to promote free and constructive discussion.