67 min listen
Punishment: Is It Working?
ratings:
Length:
27 minutes
Released:
Apr 8, 2022
Format:
Podcast episode
Description
What happens when firms get financial crime compliance wrong? Ten years ago, the compliance world was rocked when the US authorities handed HSBC a $1.9 billion fine for “unacceptable failures” in its anti-money laundering procedures. These fines set a lot of activity into motion. But to what effect? Roger McCormick of Bayes Business School joins CFCS’s Isabella Chase to dive into the punishment playbook, exploring its impact, how its changed and where it might be heading.
Released:
Apr 8, 2022
Format:
Podcast episode
Titles in the series (70)
Episode 01: The Suspicious Transaction Report: Iran's Oil Tanker, the Laundromat film and Anti-Money Laundering by STR: Suspicious Transaction Report