Insights

Why Trust and Company Service Providers are exposed to financial crime risk and how to respond with confidence Trust and Company Service Providers (TCSPs) are attractive to organised criminal networks because they have the capability to establish, manage and administer complex legal entities, trusts and corporate structures that can be used to obscure beneficial ownership,…

Why Leasing and Asset Financing Companies are exposed to financial crime risk Leasing and Asset Financing Companies are attractive to organised criminal networks because they provide access to high-value movable assets such as vehicles, machinery and equipment that can be acquired, resold or transferred to disguise the origin of illicit funds or facilitate the movement…

Why FinTech’s are exposed to financial crime risk Financial technology (FinTech) companies have transformed how financial services are delivered. Digital payments, embedded finance, open banking, digital wallets and alternative lending models have increased access, speed and convenience. At the same time, these innovations have introduced new and complex financial crime risks. Regulators now expect FinTech…

Why Building Societies, Credit Unions and Mutual Banks are exposed to financial crime risk Building Societies, Credit Unions and Mutual Banks occupy a unique and critically important position in the financial system. They safeguard community savings, provide personal and SME lending, facilitate payments and offer inclusive access to banking services in local and regional markets.…

Introduction Every financial crime risk assessment sits on a foundation far more important than methodology, tools or templates: the people involved. Technology may streamline the process, governance may shape its structure, and methodology may define the rules – but ultimately, it is the individuals across the organisation who determine whether financial crime risk assessment is…

Why Superannuation and Pension Fund Managers are exposed to financial crime risk Superannuation and Pension Fund Managers are attractive to organised criminal networks because they control vast pools of long-term capital, manage complex investment structures and interact with multiple intermediaries, custodians, and service providers across jurisdictions, creating opportunities for the concealment or integration of illicit…

Why Bookmakers and Betting Agencies are exposed to financial crime risk The global betting landscape, encompassing online and retail bookmakers, pari-mutuel pools, boutique agencies and hybrid platforms is at the heart of highly dynamic financial flows, rapid transactional behaviour and increasingly complex regulatory expectations.  While industry growth continues at pace, so too does regulatory scrutiny…

Why Hotels, Pubs and Clubs are exposed to financial crime risk Hotels, Pubs and Clubs sit at the centre of local economies handling high volumes of cash, card and digital payments, whilst serving a diverse and often transient customer base engaged in gambling via Electronic Gaming Machines (EGMs). These same characteristics, however, also expose hospitality…

Why High-Value Goods Dealers are exposed to financial crime risk High-Value Goods Dealers are attractive to organised criminal networks because they trade in luxury assets – such as vehicles, yachts, artwork, jewellery, antiques, and designer goods, that can be purchased, resold or transferred to disguise the origin, ownership or value of illicit funds. Criminals may…

Money Laundering, Terrorism and Proliferation Financing Risk Assessments for Legal Professionals Why Legal Professionals are exposed to financial crime risk and how to respond with confidence Legal professionals are attractive to organised criminal networks because they can facilitate the movement, structuring and concealment of assets through the creation of trusts, companies, property transactions and client…