Financial crime: AML and market abuse trends in 2021

Senior management and boards acknowledge the threat of financial crime as a critical risk to their business, which has been exacerbated in the last 12 months through the impact of the pandemic.

The expansion of virtual currencies, the registration of trusts, and the emphasis on RegTech and FinTech has caused the role of the MLRO to grow exponentially. This, combined with an enhanced focus on transaction monitoring and regulatory reporting has meant a continued yet renewed focus on financial crime systems and controls. We are also seeing a focus on market manipulation, market disclosure and the adequacy of inside information controls which are required to mitigate the increased risk of potentially abusive behaviour, particularly in light of the manner in which COVID-19 has impacted on the working environment.

In this webinar, our team of lawyers and financial crime compliance professionals discuss the trends that they are seeing in the market, and how firms can anticipate and respond to these effectively.