It's time to act. Differently.
The fight against financial crime depends on closer collaboration that’s built on smarter technology. Regulators, financial institutions, law enforcement and government bodies must come together to share data that lets them track and understand financial crime risk in real time.
In our latest research, we explore why partnerships are needed and how to make the change. We interviewed heads of financial crime, chief risk officers, and money laundering reporting officers across the private sector, alongside senior figures from regulators, government bodies, RegTech and FinTech companies. We've drawn on our extensive experience working with the private and public sectors, understanding how the problem looks from all points of view.
In our increasingly digital world, financial crime is a growing problem with mounting social and economic consequences:
|
1
 only 1% of the proceeds of crime are seized across Europe |
2.7
organised crime generates the equivalent of 2.7% of global GDP |
62.5
since 2011, the amount of money laundered through mainstream financial systems has increased by 62.5%. |
We advise organisations around the world on ways to improve efficiencies, reduce costs, harness technology and, ultimately, decrease crime.
