de Oliveira, I. S., Keatinge, T. and Stickings, A.
Building Trust and Taking Risks in the Global Effort to Tackle Financial Crime
- London Royal United Services Institute for Defence and Security Studies 2016
- 26p.
- RUSI Occasional Paper, October 2016 .
The global effort to tackle financial crime is evolving the communiqué from the September 2016 Hangzhou G20 Leaders’ Summit is the latest high-level example. This article explains that a May 2016 gathering of financial crime experts in New York, convened by RUSI’s Centre for Financial Crime and Security Studies (CFCS), in collaboration with global law firm Sullivan & Cromwell LLP, showed that as new challenges emerge, new technologies develop and regulatory approaches tighten, stakeholders must be willing to work together to question conventional wisdom on how to tackle financial crime. It is further noted that governance through strong leadership and a solid sense of mission emerged as a crucial characteristic of successful policies.
