The Suspicious Transaction Report is a fortnightly podcast hosted by the Centre for Financial Crime and Security Studies at RUSI. The podcast is formed of two sections. Firstly, there is an informative round up of the latest financial crime news discussed by the host and two guest contributors. Guests will give their perspective on why the latest news matters, pointing to long-term trends and what these could mean for different stakeholders. The second half of the podcast will deep-dive into a new piece of financial crime research. This one-to-one interview between the host and lead researcher will offer “behind-the-scenes” insights and practical advice on how to implement the latest financial crime research in the real world.
The NGO–Human Rights Sanctions Link
Governments pursuing human rights sanctions increasingly rely on evidence collected and submitted by NGOs on the ground. Charlie Loudon, international legal advisor at REDRESS – an organisation which fights torture – joins Emil Dall in offering insights on the vital role NGOs have in identifying states or entities that should be sanctioned, and why this matters not just for policy, but also for the victims.
This week’s ‘In the News’ includes CFCS’s Emil Dall and Associate Fellow Samantha Shee
Unintended Consequences: Humanitarianism and CTF Compliance
Aid organisations must navigate through tough circumstances to reach those most in need. The challenges are not solely physical; they also include compliance with a complex global sanctions and counter-terrorism finance regime, one that is often disconnected from realities on the ground. Former humanitarian policy advisor Rachel Sider joins Stephen Reimer to share insights from the field.
This week’s ‘In the News’ includes CFCS’s Olivia Kearney and Associate Fellow Nick Turner.
Dinosaur or Innovator? Inside the US AML Machine
Despite half a century of evolution, the US financial crime policy landscape remains as convoluted and challenging to navigate as ever. Yet, it has also shown real sparks of innovation, particularly in terms of information sharing and the much-lauded AML Act of 2020. Host Tom Keatinge is joined by RegTech consultant Jim Richards to dive into the complex world of financial crime compliance in the US and explore what might lie ahead.
Finding a Balance: Controls vs Inclusion
A robust anti-money laundering regime prevents crime and terror, yet it can also exclude large portions of society from financial services. Roughly 1.7 billion people across the globe lack access to finance, and this includes 1 million in the UK alone. Host Isabella Chase is joined by Mariam Zahari, Policy Specialist at the Alliance for Financial Inclusion, to explore why the fostering of an inclusive financial integrity framework matters for both sustainable development and global security.
Proliferation finance: A Sub-Saharan African Bank Stays Ahead
It’s no secret that North Korea and other actors seek to exploit financial systems to pursue their proliferation goals. Sub-Saharan Africa has been one of the most affected regions; its financial institutions stand on the front lines of compliance, particularly when it comes to the recently-intensified UN sanctions measures. Host Wojciech Pawlus is joined by Mpendu Zwane, the counterproliferation finance manager at Absa, to hear how this South Africa-based banking group stays on top of the threat.
Getting the Partnership Right
The public-private partnership (PPP) concept is now an essential component in the fight against financial crime, but that wasn’t always the case. Host Tom Keatinge is joined by Paul Jevtovic, the former CEO of the Australian Transaction Reports and Analysis Centre (AUSTRAC), who had an instrumental role in placing PPPs at the centre of financial crime-fighting. This week’s ‘In the News’ includes CFCS’s Isabella Chase and Michael O’Kane from leading UK law firm Peters & Peters.