Financial Crime is a complex, multi-faceted and ever-evolving global issue that has become increasingly sophisticated in nature. Its impact however is rarely over-rated.
All around the world countries are facing rising economic and social costs due to human trafficking, money laundering, terrorist financing, corruption, drug smuggling, tax evasion, and other illegal activities which ultimately threaten our prosperity and collective security.
As the financial crime landscape evolves, the growing threat to firms and their customers is undeniable. FinCrime World Forum brings together a globally engaged audience to discuss, challenge debate and address how we can make the world a safer place.
This conference series will:
Deliver first-hand insights from industry thought-leaders and visionaries
Present mechanisms and controls in prevention and detection
Remind us of the human consequences of Global Financial Crime
Promote and debate the sharing of public and private information
Stay ahead of increasingly diverse and Global Regulations
Enable global networking opportunities
GRC 20/20’s Michael Rasmussen will be presenting on . . .
FinCrime’s Wider Responsibility- Environmental, Social and Governance Reporting in FinCrime Compliance
In a world increasingly concerned with nurturing sustainability, businesses now take a greater interest in the wider impacts that they have on the environments and societies in which they operate. As part of this trend, Environmental, Social and Governance (ESG) reporting has become a common feature of how businesses seek to manage and explain their approach to these issues to regulators, investors, customers and employees.
Nonetheless, despite its recent spread, ESG reporting is often not fully understood, even in compliance tems. Although the issue of environmental impact is well-known, the full gamut of social concerns that need to be covered in ESG, from privacy, modern slavery, through to inclusion and diversity – are much less appreciated, as too is the role that governance needs to play in the management of financial crime risks such as fraud, bribery and corruption. To have an effective ESG program requires that financial crime compliance teams be a critical part of the reporting strategy.
In this session, Michael Rasmussen, aka ‘The GRC Pundit’, will help participants think through the essentials of an effective ESG program, and will cover: challenges of definition and scope; the clarification of regulatory and stakeholder requirements; the role that financial crime compliance teams need to play; and strategy and processes of ESG reporting. Michael is an internationally recognised commentator and consultant on Governance, Risk and Compliance (GRC) – a term he himself coined – and has over three decades of experience in the field. A popular presenter from our March conference, we are delighted to welcome him back
GRC 20/20 Speaker
GRC 20/20 ResearchMichael Rasmussen – The GRC Pundit @ GRC 20/20 Research, Michael Rasmussen is an internationally recognized pundit on governance, risk management, and compliance (GRC) – with specific expertise on the topics of GRC strategy, process, information, and technology architectures and solutions. With 27+ years of experience, Michael helps organizations improve GRC processes, design and implement GRC architectures and select solutions that are effective, efficient, and agile. He is a sought-after keynote speaker, author, and advisor and is noted as the “Father of GRC” – being the first to define and model the GRC market in February 2002 while at Forrester Research, Inc.