FTI Consulting’s inaugural Financial Crime Quarterly, which is attached below, addresses some of the issues that are uppermost in the minds of regulators and financial institutions at the present time.
There is a feature on non-bank financial institutions, and in particular Payment Service Providers that are emerging as part of the fintech revolution; and a feature on the role played by Trust and Company Services Providers (TCSPs) in preventing, or faciltating, illicit transactions. A longer feature describes the challenges being faced by countries in Eastern Europe as they try (and sometimes fail) to implement European Union directives related to money laundering and financial crime.
Nigel Webb and Federica Taccogna, both Senior Managing Directors and Partners at FTI, led the production of the Financial Crime Quarterly. Henry Duggan and Piers Rake are members of the same team. Contact details for all four are given in the publication.