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FinCrime World Forum 2021

2021-03-23 @ 7:15 am 2021-03-24 @ 5:30 pm America/London

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 . . .

Transforming Compliance into Risk Management 

 Regulators consistently talk about the need for a ‘risk-based approach’ to financial crime, and many organisations have created ‘risk management’ functions to complement, and in some cases replace, legacy compliance functions. This shift is based on a recognition that it is not just what you do, it is how you do it that matters. Financial criminals are agile and reflexive, and those that seek to stop them need to be so in response. 

But the transformation from ‘compliance-led’ to ‘risk-focused’ is often easier to talk about than implement. An organisation can completely understand risks and regulatory requirements, it can have the most beautifully written and well-crafted policies, but all this will come to very little if its underlying culture is not aligned with its rhetoric. Culture is the foundation upon which success – or failure – is built. 

Michael Rasmussen, aka ‘The GRC Pundit’, is an internationally recognised commentator and consultant on Governance, Risk and Compliance (GRC), a term he coined in 2002 while at Forrester Research, Inc. In this presentation, Michael will apply three decades of experience to the challenges of employee engagement and training, building collaboration between front and back offices, and improving structures for oversight and accountability, and ask what needs to change for financial crime functions to transform themselves into true risk management cultures.

GRC 20/20 Speaker

Michael Rasmussen, GRC pundit
Michael Rasmussen

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.

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