Cynthia Borg, Head of Financial Crime Compliance and Group Money Laundering Reporting Officer at APS Bank was one of the speakers at ‘The Prevention of Money Laundering & Financial Crime 2022 – A Virtual Conference’. Society Education organised this online event over two half-day sessions on Tuesday 17th May and Friday 20th May 2022, featuring a number of experts in the field.
Ms. Borg presented ‘The Dilemma – Is it Knowledge, Suspicion, Speculation or Simple Paranoia?’. This session addressed the difference between these terms; to what extent should the MLRO investigate; what are the potential red flags, which should trigger the escalation of an internal report to the authorities; what are the common pitfalls, which should be avoided when filing a suspicious report, and what happens after.
More information about the conference is available on the Society Education website.
