Lunchtime Webinar - How Comprehensive is Your SARs Framework?

Webinar summary

Firms must have a robust Suspicious Activity Reporting framework in place to detect and report potential financial crimes, such as fraud, money laundering and terrorist financing. This ensures compliance with laws and regulations, prevents risks, and protects the firm's reputation.

Regulators expect Suspicious Activity Reporting to be part of a holistic approach to managing risk. This webinar aims to provide attendees with a comprehensive understanding of the reporting lifecycle, from the point of escalation to a disclosure and beyond. It will explore practical scenarios to challenge participant's thinking, spark discussions, and encourage meaningful questions. The webinar will cover: 

• Key Principles of Suspicious Activity Reporting
• End to end SARs process from point of escalation to a disclosure and beyond
• Common pitfalls
• Risks of inadequate Suspicious Activity Reporting
• Integrating Suspicious Activity Reporting into a comprehensive risk management strategy

Participants will be able to enhance their understanding of the practicalities involved in Suspicious Activity Reporting and sharpen their investigative skills via case studies and real-world examples.

Presenter: Tom Vidovic, Financial Crime Senior Manager and Nominated Officer 

Tom is an experienced financial crime compliance specialist. He held several roles in the financial services industry as well as the consulting sector, including as Financial Crime Advisory Manager for  Deloitte; Associate Director, FCC Controls for Standard Chartered Bank; Financial Crime Forensic Manager for KPMG; and FIU Financial Crime Consultant for Wells Fargo, and most recently as Nominated Officer for Ghana International Bank, He is a Certified Fraud Examiner, Certified Anti-Money Laundering Specialist, and holds an MBA in Sustainable Finance.