Third Party Risk Community Zone
Taking place on the Main Stage from 11:00am on 1st October 2020 and here in the Third Party Risk Community Zone for further thought, discussion and contributions.
Green crime is a scourge: how financial and environmental crimes are connected.
A couple of questions from this morning's session that we didn't have time to cover:- How difficult is it to show the money movement from the predicate crime - eg trafficking wildlife to the clean money? Is organised crime always involved?- UBO registers unfortunately don't work. It is a good starting point though. Do you have any ideas how this can be improved?Please feel free to discuss the above
TPRM: Regulatory expectations, reputational fallout and best practice
A couple of questions from the audience that we did not have time to cover during the panel session:- With sanctions risk how can we know our customers’ or suppliers’ customers?- We use a platform that checks clients/third parties on a daily basis for adverse news, sanctions etc. Do you think we should train staff to manually check also?We'd love to hear any answers you might have to these. Please join the conversation!
