1LoD

1LoD provides the highest-quality intelligence to risk and control practitioners managing non-financial risks across the 3 lines of defence.

[1LoD @Team_1LoD]

Warm wishes for Diwali to all from Team 1LoD!

[1LoD @Team_1LoD]

@BCBcrypto It was great to have you at the event.

[BCB Group @BCBcrypto]

Our Technical Director of BCB's Financial Crime team, Kamran Choudhary, is joining the illustrious Financial Crime Summit by @Team_1LoD tomorrow as roundtable host, to facilitate the discussion with top practitioners from the world’s leading banks and other financial institutions

[Ripjar @ripjar]

Today's a busy day for events! If you're at the @Team_1LoD Financial Crime Summit in London, or the @TformFinance FinCrime & Cybersecurity Summit in Frankfurt, visit us!

Find details of these, plus upcoming events, here 👉 https://t.co/WuOLvWGlka

#FinCrime #Cybersecurity

[1LoD @Team_1LoD]

The incorporation of new communication channels into banking operations involves a combination of strategic planning, technical integration, and ongoing monitoring and compliance efforts.

#AsiaPacSurveillance #Surveillance #1LoD

[ACA Group @ACACompliance]

@Team_1LoD's #XLoD Global Surveillance Summit in New York emphasized the need for innovation in #compliance, yet many firms struggle to keep up.

Is your firm keeping pace? Discover more: https://t.co/biDpToCtWN

[1LoD @Team_1LoD]

Criminals increasingly use virtual wallets and cryptocurrencies to get around KYC procedures, taking advantage of the anonymity and ease of cross-border asset movement.

Learn more: https://t.co/i1paSQ1DyM

Sponsored by @smartkyc

#Onboarding #KYC #pKYC #FinancialCrime

[1LoD @Team_1LoD]

Rapid changes in markets and technology have led to the creation of a complex financial infrastructure, making data tracking and regulatory compliance more complicated for banks.

Learn more: https://t.co/Pmf2D2jwNv

Sponsored by @PwC_UK

#TradeSurveillance #Surveillance #1LoD

[1LoD @Team_1LoD]

Communication surveillance is even more complex in Asia Pacific because it is a multi-lingual region. A key takeaway was the potential for using AI as a first step for translation.

Read the full report: https://t.co/dyhMfbC5f9

#AsiaPacSurveillance #Surveillance #1LoD

[1LoD @Team_1LoD]

Participants questioned whether existing technology is good enough to satisfy regulators’ expectations.

Read more: https://t.co/66zEzJE6AD

📖 Sponsored by @PwC_UK

#CommsSurveillance #Surveillance

[1LoD @Team_1LoD]

The Early Bird rate for The Financial Crime Summit - London is ending next Sunday 25 August! Don't miss out on this opportunity to save your seat at the lowest rate available.

📍The Financial Crime Summit - London
📆 5 September 2024

#1LoD #FinancialCrime #FinCrimeSummitLDN

[1LoD @Team_1LoD]

🛰️🌎 Please welcome Tim Peake, British European Space Agency Astronaut & Best Selling Author, who will be bringing a unique perspective in risk management direct from the aerospace and space exploration industry.

Learn more: https://t.co/pHK6lRYyT4

#RiskManagement #Aerospace

[1LoD @Team_1LoD]

Banks must show they have met global standards and local regulatory requirements, and provide evidence of regular reviews and updates to their risk-management strategies.

Read the annual report: https://t.co/74yhDndhRH

Sponsored by @smartkyc

#Onboarding #KYC #FinancialCrime

[1LoD @Team_1LoD]

The basic geographical split may seem unsurprising, however, it means that more than half of all #surveillance staff are located in onshore hubs – why put so many people in expensive places?

The 2024 Surveillance Benchmarking Survey & Report: https://t.co/tnEylZCc2V

[1LoD @Team_1LoD]

Panellists agreed that data accuracy, completeness, and the integration of structured and unstructured data are critical issues for banks. To read the Trade Surveillance annual report,m please visit: https://t.co/QGndxZyB6T

Sponsored by @PwC_UK

#TradeSurveillance #Surveillance

[1LoD @Team_1LoD]

The agenda for XLoD Global - London is now live and ready to download! View here: https://t.co/Yv64PE7sVm

📍 XLoD Global - London 2024 - Innovation & Collaboration: Advancing Non-Financial Risk Management Across the 3 Lines of Defence

#RiskManagement #Compliance #InternalAudit

[1LoD @Team_1LoD]

We are delighted to share the annual report for XLoD Global - New York that took place in June.

To read the report and gain the full depth of insights, please visit: https://t.co/ainWnVUAZz

📍 XLoD Global - New York 2024

#XLoDNY #1LoD #RiskManagement #Compliance #InternalAudit

[1LoD @Team_1LoD]

While some argued in favour of a globally consistent programme, others preferred a hybrid approach combining global standards and local requirements.

#AsiaPacSurveillance #Surveillance #1LoD

[1LoD @Team_1LoD]

Policies, app bans, and increased attestations were considered crucial in managing communication risks. Effective compliance relies on clear policies, robust training programmes, and strict enforcement.

Read more: https://t.co/dUIJXgAt1o, Sponsored by @PwC_UK

#Surveillance

[1LoD @Team_1LoD]

🔔 New blog post: What to do about data completeness?

Read the full blog here: https://t.co/uk8IPDmTJ1

#Surveillance #1LoDSurveillanceBlog #1LoD