Fighting economic crime still means different things to different people. To some it’s fighting criminals, others terrorists, others tax evaders. To some financial institutions, it’s a lovely barrier to entry, to challengers a minefield. In the UK, with Brexit looming, we need to answer, “if Britain is open for business, how easy is it to open a bank account, commission an accountant, or hire a lawyer?” Equally, with such onerous systems, how can people claim that London is a major money-laundering centre? Borderless Business Britain needs a smooth and strong infrastructure.
At this special event, a distinguished panel will discuss strengthening & simplifying anti-money laundering and know-your-customer processes. Tied in with this will be a discussion on the supporting role of identity systems. Both we and The Financial Services Club hope that, by raising awareness of the issue, all those engaged in these processes are encouraged to improve them for everyone’s benefit.
The venue could not be more iconic, The Great Hall at the Old Bailey.