2014 will see the full effects of the Financial Conduct Authority’s policy of tough supervision being brought to bear in all areas of financial services and it will be in terms of its effectiveness in deterring financial crime that this policy will itself be judged most sternly.
Yet the fight against crimes like money laundering, fraud, corruption and sanctions-breaking have always drawn in many agencies and crosses many borders. In addition, scandals such as that over LIBOR rigging have meant that banks risk prosecution for activities that many would not have regarded as criminal a couple of years ago, while new technology is helping criminals’ growing resourcefulness and inventiveness.
Against this background of significant change, City & Financial’s eleventh annual conference brings together a panel of exceptional speakers, including Sharon Campbell, the FCA’s Head of Financial & Crime Intelligence, to assess how financial institutions should ensure that they are not only fully compliant, but also make the most of opportunities presented to manage financial crime more effectively.
WilmerHale Partner Stephen Pollard will present a session on "The impact of LIBOR on the perception of financial crime" at this event.