Lunchtime Webinar - What Does a Money Launderer Look Like?

The identification for money launderers has often been portrayed as a pursuit shrouded in complexity and mystery. But are we entangled in a meticulous web of our own making? In our pursuit to spot money launderers, have we saturated our senses with an excess of typologies and red flags, diluting our capacity to perceive the evident? Do we really need dozens of warning signs to spot money laundering? Or is this just making it too hard to see what's right in front of us? We might not catch everyone, but what if we could easily catch the most obvious wrongdoers?

Join our webinar "How to Spot a Money Launderer webinar" to talk about these questions. Let's explore together whether we’re making things more complicated than they need to be, and if a simpler approach could work better. We will look beyond the established norms, questioning their efficacy, and explore whether a simpler, more direct route might be possible. We are going to take a step back and ask:

• Are complex typologies and red flags helping us, or are they too many to keep track of?
• Can spotting a money launderer be straightforward?
• Is it possible to notice money laundering without reviewing every single transaction ?

We often think finding money launderers is a complex puzzle. But perhaps it’s not as complicated as we’ve been led to believe. Maybe there are simpler ways to see what’s happening, without getting lost in too much detail.

Presenters: 

Martin Woods, chair of the advisor board of the Global Compliance Institute
Martin has a wealth of experience as a police detective who once investigated financial crimes, including global frauds and money laundering. Upon leaving the police service he embarked upon a career as a financial crime compliance officer, working for and with a wide variety of firms all over the world. He has provided training to regulators, central banks, law enforcement agencies and regulated firms and has been called upon to provide expertise as well as guidance. 

Marta Lia Requeijo, Chief Compliance Officer & Group MLRO, BVNK
Marta has spent her career building and enhancing compliance and anti-financial crime frameworks both in global organisations and fintech companies. A former regulator, Marta is currently Chief Compliance Officer & Group MLRO at BVNK, a global payments platform that brings together distributed ledger technology and bank payment rails to help businesses send and receive payments anywhere in the world. 

Dr Mario Menz, Course Director, LL.M Financial Services Law, Regulation & Compliance, London Metropolitan University
Mario has nearly 20 years' experience in risk and compliance. He has previously held the Compliance Oversight (SMF16) and Money Laundering Reporting functions (SMF17). Having worked on various remediation and transformation projects (e.g., s.166 Skilled Person Reviews) in private, commercial and investment banking as well as the insurance industry, he understands what regulators expect and how this can be done in practice.