Moody’s Talks: Risk Reframed

The supplier risk landscape for corporates today is shaped by sanctions, ESG commitments, and potential for reputational harm - which is just the start. But amid all this, there is competitive advantage to be found through optimized third-party risk management. No stranger to the topic is Vincent Scales , Director of Third-party Risk Management at Verizon and Chairman of the Board for the Third-pa...

Former international sales executive, Richard Bistrong , served time in a federal prison camp after being targeted in a US Department of Justice investigation of a UN supply contract. After fully cooperating, he now dedicates his life to raising awareness and educating companies on the risks of corruption. In this episode of KYC decoded, Richard and Bill Hauserman , Moody’s Analytics KYC head of t...

The US Corporate Transparency Act (CTA) is coming. It aims to create a national registry of beneficial ownership information. But what exactly does this mean? How will it change the fight against financial crime in the US and beyond? What hurdles need to be overcome? What questions are still unanswered? How can the public voice concerns? In this episode of KYC Decoded, Alex Pillow is joined by law...

If you could look into a crystal ball, what do you think the future would hold for KYC and AML professionals? In this episode, Luke Raven , Senior AML Compliance Manager at Cabital , shares how he hopes this industry will continue to evolve into the next generation, including: Changes to the compliance profession seen so far The skillsets – and more importantly, attitudes – needed for success The...

One year on from Russia’s invasion of Ukraine, so much has changed – particularly around sanctions. In this episode, host Alex Pillow is joined by  Hera Smith , former Global Sanctions Compliance Officer, sanctions expert and Moody’s Analytics KYC Industry Practice Lead.  Topics addressed in this conversation include: The growth of sanctioned entities over the last year Difficulties KYC and AML sa...

AML effectiveness. AML efficiency. What do these words really mean and what difference do they really make in the fight against financial crime?  In this episode of KYC Decoded, host Alex Pillow is joined by Natasha Vernier , co-founder and CEO of the regtech firm, Cable . Their lively and informative discussion covers: How to interpret the loose definition of AML effectiveness Why AML effectivene...

In the final installment of our investigative journalism miniseries, host Alex Pillow is joined by The Sentry’s Michelle Kendler-Kretsch , Investigative Coordinator and Data Specialist, and Debra LaPrevotte , Senior Investigator and former FBI supervisory special agent. Their engaging, dynamic conversation drives home how investigative journalism plays a critical role in the anti-financial crime e...

Greed. Scandal. Fraud. Our investigative journalism miniseries continues with an epic true story of one of the biggest, most harrowing heists in history. This hair-raising episode welcomes Bradley Hope , one of the co-authors of Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World . This amazing book is available in all good stores, and if you still can’t get enough finan...

Multi-billion-dollar fraud. Fake bank accounts. Hackers. Spies. Whistleblowers. In this episode, Dan McCrum , Financial Times investigative reporter, brings to life his book Money Men: A Hot Startup, A Billion Dollar Fraud, A Fight for the Truth . This entry into our investigative journalism miniseries dissects the too-good-to-be-true German tech startup, Wirecard, and the role Dan played in expos...

Since our sanctions mini-series earlier this year, further packages of sanctions have been released. And most recently, the EU issued a set of FAQs on account openings and deposits. In this bonus episode of KYC Decoded, sanctions expert and Moody's Analytics industry practice lead, Ted Datta, makes a return appearance to shed light on what exactly is in those FAQs and what firms need to do next......

The tables have turned. In this episode of KYC Decoded, our usual host Alex Pillow sits down as a guest with Jody Houton , UK Content Marketing Manager at IDnow , an identity proofing and fraud prevention platform. Topics unpacked include: The importance of a holistic KYC approach utilizing the right experts Risk-based vs. ‘one-size’ AML strategies Compliance best practices and technology that sca...

In this episode of KYC Decoded, Alex Pillow is joined by founder at Arctic Intelligence , Anthony Quinn . Their discussion sheds light on the current state of risk assessment frameworks and practices that aren't necessarily keeping up with the rapidly accelerating rate of stricter regulations and heightened criminal activity. Visit the Arctic Intelligence website to discover more about their innov...

Alex Pillow, host of the KYC Decoded podcast, caught up with Head of Financial Crime at Featurespace, Annegret Funke , and journalist from Compliance Week, Aaron Nicodemus , to get their standout moments from ACAMS Vegas. Here are their thoughts on the things you need to know. US Beneficial ownership:  the registry is coming, what do you need to understand and how do you prepare? Crypto exposure: ...

This episode welcomes Jean-Paul Eaton , Global Community Director of FINTRAIL’s Fintech Fincrime Exchange (FFE), who takes listeners through the story of how FFE originated. What started as a small roundtable, FFE has now matured into a global community that shares information on how to detect and deal with financial crime. Listen along to learn more about FFE and FFECON, its annual conference for...

In our pKYC series we have explored the concept of pKYC and the technologies behind it, but what is it like operationally to practice this modern process and yield positive outcomes? In this final installment of the pKYC series, Jessica Cath , Head of Financial Crime Project Delivery at FINTRAIL, discusses her unique experiences and perspectives as an active practitioner in compliance to answer th...

A large difference between traditional KYC and Perpetual KYC is the technological advancements that enhance the process to make it more efficient. In the second part of our pKYC series, Alex Pillow speaks with Delphine Masquelier , KYC Solution Manager at Quantexa, Alex Richter , Head of Customer Lifecycle Management at PassFort, and Henry Irish , Manager of Technology Strategy at Moody’s Analytic...

Are the traditional methods of periodic review things of the past? A new approach called Perpetual KYC (pKYC), offers solutions to optimize the conventional process and make it more time efficient and less expensive, providing real-time risk mitigation. In the first part of our Perpetual KYC series, host Alex Pillow is joined by Chor Teh , Moody’s Analytics Financial Crime Compliance Industry Prac...

It is noble and important work when compliance professionals spend their days behind an office desk using sophisticated tools and processes to prevent financial crime. However, there’s another compelling story to be told about the difference one can make away from the office, deep within the trenches. This episode welcomes undercover agent and author, Robert Mazur , who has worked side-by-side wit...

Crypto may provide bad actors with yet another channel to launder funds, but could it also provide a unique set of opportunities for KYC and AML professionals to revolutionize their practices and manage risks in new ways? The third and final installment of our Crypto Series welcomes Niels Pedersen , Senior Lecturer of FinTech at The Manchester Metropolitan University, and Laurence Twelvetrees , a...

Outsmarting criminals preying in the crypto space - no one said it was easy. How can KYC and AML systems work with law enforcement to tackle these opponents? Our crypto series continues with part two taking a deep dive into risk mitigation and law enforcement focused on crypto. In this episode, host Alex Pillow is joined by Craig Gleeson, Senior Office for the Crypto assets Money Laundering, Bribe...

Like it or not, some of your global customers are likely to be engaging with cryptocurrency. Flashy media headlines highlighting the scandals related to the crypto space often create feelings of fear, anxiety, and confusion, which can muddle our understanding of the real risks associated with crypto. In the first episode of our 3-part cryptocurrency series, special guests Yana Afanasieva , Founder...

How do Financial Institutions determine the right RegTech vendors for them? And how do RegTech providers establish a reputation that is built on trust? The RegTech industry poses unique challenges for buyers and sellers alike. In this special bonus episode, host Alex Pillow and guest Matt Neill , Managing Director and Co-founder of Beyond , take a closer look at Beyond’s recently published guide,...

In a world where computer hacking has become increasingly more sophisticated, how does an organization ensure it does not find itself the next victim of a financial cybercrime attack? In this episode of Moody’s Talks: KYC Decoded , leading investigative journalist and author of the recently published book The Lazarus Heist , Geoff White, breaks down the events of the 2016 Bangladesh bank heist, co...

Could crypto actually be enabling sanctions evasion, or is this just grabbing headlines? In the final discussion of our Sanctions Miniseries, David Carlisle , VP of Policy and Regulatory affairs at blockchain and analytics company Elliptic, weighs up the validity of this question. Learn more about how you can adapt to an evolving sanctions environment by visiting our website .  And visit Elliptic’...

You may have looked data up and down and back again, but have you looked at it sideways? In Part 3 of our Sanctions Miniseries, host Alex Pillow is joined by KYC expert, Graham Barrow , host of The Dark Money Files podcast. Their discussion sheds light on the networks of those who are sanctioned and the risk indicators to look for. Find out more about how you can adapt to an evolving sanctions env...