Following the Money: So Why Haven't We Caught It Yet?

Following the Money: So Why Haven't We Caught It Yet?

An interactive seminar for financial crime compliance professionals | Led by Ray Blake

Nearly four decades of global effort. Over US$200 billion a year in compliance spend. Less than 1% of criminal proceeds intercepted.

The numbers describe a system that works very hard and achieves very little — and almost everyone in it is behaving rationally. That is the puzzle this seminar takes apart.

Participants will trace a single incentive as it cascades from the international framework, through national supervisors, down to the analyst clearing alerts on a Friday afternoon — and examine one question at every stage: which risk is actually being managed here?

What to expect

• The scoreboard – the uncomfortable numbers behind the global AML effort, and what the industry's own metrics reveal about what it is really built to do.

• Three levels, one incentive – how FATF-style evaluation, national supervision and institutional compliance each reward what can be demonstrated over what is achieved.

• Danske Bank Estonia, threaded throughout – €200 billion in non-resident flows through a single branch: the rare case that exposes all three levels at once.

• Hands-on work – including a small-group exercise following one alert through a realistic European payments scenario, from generation to outcome.

• The live test – AMLA is operational in Frankfurt and building its supervisory model right now. Does the EU's new architecture change the game, or only the stakes?

  
  

Who should attend

MLROs, compliance officers, analysts, FIU liaison and second-line staff across banking, payments, EMI and crypto — anyone who has ever closed an alert and wondered what, exactly, that accomplished.

Takeaways

You will leave with a sharper diagnostic for your own institution's controls, and one specific thing to challenge when you get back to your desk.

Format: Interactive seminar

Duration: 3 hours

Language: English

Fee: EUR 70 for ECPA members, EUR 100 for non members

Programme under development — session content and running order may change.