Moody’s Talks: KYC Decoded

Outsmarting criminals preying in the crypto space - no one said it was easy. How can KYC and AML systems work with law enforcement to tackle these opponents? Our crypto series continues with part two taking a deep dive into risk mitigation and law enforcement focused on crypto. In this episode, host Alex Pillow is joined by Craig Gleeson, Senior Office for the Crypto assets Money Laundering, Bribery & Corruption Threat Team for the UK’s National Economic Crime Centre in the NCA, and Tom Robinson, co-founder and Chief Scientist at blockchain analytics company, Elliptic.For further reading, check out the resources below:Wired ArticleFCA websiteNational Strategic Assessment of Serious and Organised CrimeEliptic.coTo find out how Moody’s Analytics KYC solutions can help your organization harness the power of crypto with confidence, please get in touch. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Like it or not, some of your global customers are likely to be engaging with cryptocurrency. Flashy media headlines highlighting the scandals related to the crypto space often create feelings of fear, anxiety, and confusion, which can muddle our understanding of the real risks associated with crypto. In the first episode of our 3-part cryptocurrency series, special guests Yana Afanasieva, Founder & CEO of Competitive Compliance and host of the podcast Compliance that Makes Sense, and Pierce Kearns, Financial Crime Consultant and cryptocurrency enthusiast, provide their takes on the perceived versus real risks related to crypto as well as the responsibility KYC professionals have to understand them.For more cryptocurrency learning, here is a great resource:Free compliance downloads and templatesTo distinguish digital asset opportunities from cryptocurrency risks in your compliance practices, please get in touch. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

How do Financial Institutions determine the right RegTech vendors for them? And how do RegTech providers establish a reputation that is built on trust?The RegTech industry poses unique challenges for buyers and sellers alike. In this special bonus episode, host Alex Pillow and guest Matt Neill, Managing Director and Co-founder of Beyond, take a closer look at Beyond’s recently published guide, Leveraging RegTech in Financial Crime Compliance Programmes.This thought-provoking conversation weaves through the processes and systems needed by both vendors and Financial Institutions to yield successful outcomes.Download the report, and get in touch to find out how Moody’s Analytics KYC can support your institution’s RegTech requirements. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In a world where computer hacking has become increasingly more sophisticated, how does an organization ensure it does not find itself the next victim of a financial cybercrime attack? In this episode of Moody’s Talks: KYC Decoded, leading investigative journalist and author of the recently published book The Lazarus Heist, Geoff White, breaks down the events of the 2016 Bangladesh bank heist, commonly attributed to North Korea’s cyber unit, the Lazarus Group. Listen along for a riveting account of money laundering fueled by cybercrime, the devastating consequences such crimes can bring about for victims, and the systems and controls needed to combat it. For additional resources, make sure to check out:The Lazarus Hei$t BBC podcast seriesGeoff White’s 2020 book, Crime Dot Com: From Viruses to Vote Rigging, How Hacking Went GlobalCountdown to Zero Day: Stuxnet and the Launch of the World’s First Digital Weapon by Kim ZetterTo learn how to prevent financial crime in your organization, please visit kyc.moodys.io. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Could crypto actually be enabling sanctions evasion, or is this just grabbing headlines?In the final discussion of our Sanctions Miniseries, David Carlisle, VP of Policy and Regulatory affairs at blockchain and analytics company Elliptic, weighs up the validity of this question.Learn more about how you can adapt to an evolving sanctions environment by visiting our website. And visit Elliptic’s website for more sanctions evasion resources:Guide to sanctions compliance in cryptocurrenciesPreventing Financial Crime in Cryptoassets: Typologies Report 2022Reach out to us via podcasts@moodys.com to share feedback and ideas for new Moody’s Talks: KYC Decoded episodes. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

You may have looked data up and down and back again, but have you looked at it sideways?In Part 3 of our Sanctions Miniseries, host Alex Pillow is joined by KYC expert, Graham Barrow, host of The Dark Money Files podcast. Their discussion sheds light on the networks of those who are sanctioned and the risk indicators to look for.Find out more about how you can adapt to an evolving sanctions environment by visiting  our website.Reach out to us via podcasts@moodys.com to share feedback and ideas for new Moody’s Talks: KYC Decoded episodes. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In Part 2 of our Sanctions Miniseries, Andréas Hobbelin, Head of Anti-Money Laundering & Financial Crime Prevention at ZTL Payment Solutions, guides us beyond sanctions lists by sharing the importance of ownership and control in relation to sanctions. Without complete and accurate data, subsidiary networks are more difficult to detect, and mistakes become more likely for vendors and practitioners.This conversation highlights ways organizations can take a proactive approach to mitigating sanctions risk.Learn more about how you can go beyond the lists and adapt to an evolving sanctions environment by visiting our website and reading our related whitepaper.Reach out to us via podcasts@moodys.com to share feedback and ideas for new Moody’s Talks: KYC Decoded episodes. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Russia’s invasion of Ukraine has had a profound impact on the compliance, KYC, and supply chain industries as governments around the world have issued sanctions at a rapid pace.In this first installment of our Sanctions Miniseries, host Alex Pillow provides an overview of sanctions, the subsequent responsibilities organizations have for staying compliant – and the consequences for not.Find out how to adapt to an evolving sanctions environment by visiting our website.Reach out to us via podcasts@moodys.com to share feedback and ideas for new Moody’s Talks: KYC Decoded episodes. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Attitudes towards AI in the KYC and AML space are often riddled with disillusionment. It begs the question, are there ways to unlock the potential of AI technologies in a more productive way when combatting financial crime? Host Alex Pillow delves into this topic with guests Janet Bastiman, Chief Data Scientist at Napier AI, and James Nurse, Managing Director at FINTRAIL.Check out these resources to learn more:AI path design: the future of AML & how to prepare for it webinarThe optimal path to AI implementation for financial crime compliance e-bookBuilding trust and confidence in AI blogOpportunities and challenges of new technologies for AML/CFTArtificial intelligence public-private forumAI public-private forum final reportDo you have feedback or ideas for new Moody's Talks: KYC Decoded episodes? Please get in touch via  podcasts@moodys.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

When it comes to analyzing the financial crime industry, are you overwhelmed by data points? The more pressing concern is likely how to gain deeper insight into data that lead to more valuable business decisions. In this episode, host Alex Pillow and Jamie Hutton, CTO of Quantexa, discuss how entity resolution can be a powerful tool on your journey toward more impactful and affective KYC.To learn more about Quantexa, be sure to visit their website and check out their entity resolution long page. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.