FinTech, Crowdfunding and Other Innovative Businesses
Moderator: Samantha Sheen | Speaker: Robert Evans and LaurenceTwelvetrees
About this talk
The UK and the Nordics are quickly becoming emerging global hubs for FinTech businesses and other innovative financial businesses. This means taking a different approach toward not only customer due diligence, but also in understanding and assessing their customer risk profile. Learn from representatives from this sector the tips, tricks and traps behind undertaking appropriate and effective CDD on these types of business.
•Gaining a clear understanding of the risk profiles of innovative business firms and their risk characteristics as they relate to financial crime
•Obtaining greater awareness about the steps taken by these types of businesses to mitigate the risk of their possible misuse in order to launder the proceeds of crime
•Developing a wider comprehension about the information that should be sought and understood in order to undertake an appropriate and accurate risk assessment of these types of business relationships