Spotlight on AML: Recent Episodes
Kathy Howes
Keeping the community safe from money laundering can be challenging for financial services companies. Our Jade ThirdEye podcast delves into the problems many face, interviews experts about latest trends and emerging technologies, and interviews companies using different AML technologies to tackle financial crime.
Insider threat is one of the most underestimated risks in financial services — and it comes from people who already have access to your systems, your customers, and your trust.
In this episode of ThirdEye View, Jing Zhang and Colin Dixon bring our UK team's insider threat research into an Australian and New Zealand context, focusing on what compliance professionals can do right now — without investing in new technology. In this episode:
- Why insider threat is a real and growing risk in AU/NZ — and what the numbers tell us
- How to apply KYC logic internally with a "know your colleague" approach
- What your existing transaction data can already detect
- The additional risks that come with remote working — and how to spot them
- Why your financial crime team itself needs to be part of the conversation
- How to reflect insider threat in your risk assessment
Useful links mentioned in this episode:
- UK insider threat webinar, blog and guide: https://jadethirdeye.com/blog/the-com...
- AUSTRAC insider threat guidance: https://www.austrac.gov.au/how-resist...
- SFO New Zealand insider threat guide: https://www.sfo.govt.nz/assets/Upload...
Read the accompanying blog post: https://jadethirdeye.com/resources/?t...
ThirdEye View is our monthly video series unpacking the financial crime stories that matter most for compliance professionals in Australia and New Zealand. Subscribe so you never miss an episode.
Hosted by Jing Zhang, Business Development Manager, and Colin Dixon, CAMS-certified AML Solutions Specialist at ThirdEye.
Jo Norton, Chief Risk Officer at Ecology Building Society, joined ThirdEye's Claire Rees to share what nearly two years of transformation has actually looked like on the ground, and what it means to lead a risk function that helps an organisation move forward, not slow it down.
In this conversation, Jo talks about shifting risk from a gatekeeping function to one built on education, empowerment, and genuine collaboration. From upskilling first-line colleagues during a major technology migration, to navigating the environmental tensions of AI adoption, to winning her organisation's award for best collaborative team. This is an honest, practical look at what modern risk leadership demands.
You'll hear Jo's take on:
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Why educating first-line colleagues, not just policing them, is what drives real risk maturity
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How to build a risk strategy that's directly aligned to business strategy - The AI dilemma facing mission-driven organisations with environmental commitments
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What it takes to be commercially minded, strategically focused, and still keep your members safe
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Why no one should be afraid of not having all the answers
Whether you're leading a risk function, working in compliance, or navigating your own transformation programme, Jo's experience is a reminder that the strongest risk teams are also the most collaborative ones.
Read the full article: https://jadethirdeye.com/blog/jo-norton-on-transforming-risk-from-gatekeeper-to-enabler/ #FinancialCrime
RiskManagement #AML #Compliance #BuildingSocieties #CRO
Financial crime does not stand still, and neither does the FCA. This month brought enforcement action on two fronts: continued pressure on finfluencers promoting unlawful investments, and raids on unregistered peer-to-peer crypto traders in London.
In this episode Claire Rees and Phil Roberts unpack what both stories mean for UK financial crime teams, why fraud is becoming more industrialised, and why, in Claire's view after 25 years in financial crime, the underlying crimes have not changed, even if the tools criminals use have.
Read the accompanying blog at: https://jadethirdeye.com/view/finfluencers-crypto-and-the-changing-face-of-financial-crime/
About ThirdEye: ThirdEye is a complete AML compliance platform designed for financial institutions in the UK, Australia, and New Zealand. We help organisations build effective, risk-based financial crime programmes that protect communities while meeting regulatory requirements.
#FinancialCrime #AML #Finfluencers #CryptoFraud #FinancialCrimePrevention #Crypto
In this month's ThirdEye View ANZ, Colin Dixon and Jing Zhang unpack some significant asset recovery wins out of New Zealand — and explain why this tool is one of the most effective disruptors in the financial crime arsenal.
They also share the key takeaways from ThirdEye's recent AI roundtable in Melbourne: what senior compliance leaders are actually doing with AI, the false positive problem that's pushing the business case, and what AUSTRAC expects when things go wrong.
Two topics. Plenty to think about.
Read the full blog here: https://jadethirdeye.com/view/asset-recovery-and-ai-in-financial-crime/
AML #FinancialCrime #AssetRecovery #AI #Compliance #ThirdEyeView
Your financial crime risk assessment is a legal requirement. But is it actually working for you? Firms often treat risk assessments as compliance paperwork.
The ones that get it right use them as a strategic tool, shaping everything from resource allocation to how effectively they detect and manage real threats.
In this episode of ThirdEye View, Financial Crime Regulatory Specialist Claire Rees is joined by Nicky Green, Advisory Director at Square 4, to explore what good looks like and the common pitfalls that stop firms from getting there.
They cover:
• Why risk assessments are often done poorly and what the consequences are
• What the regulations require across the UK, Australia and New Zealand
• How to build an effective risk assessment that drives real business decisions
• The most common mistakes and how to avoid them
• What good governance looks like in practice
Read the full blog post: https://jadethirdeye.com/view/getting...
About ThirdEye: ThirdEye is a complete AML compliance platform designed for financial institutions in the UK, Australia, and New Zealand.
We help organisations build effective, risk-based financial crime programmes that protect communities while meeting regulatory requirements.
Learn more: https://jadethirdeye.com
The UK's fraud landscape is shifting fast. A record 444,993 cases were filed to the National Fraud Database in 2025, and behind those numbers is a more complex story: fraud-as-a-service lowering the barrier to entry for criminals, money mule networks deliberately targeting vulnerable people, and enforcement action that signals a meaningful change in how regulators view fraud controls.
In this month's ThirdEye View, Claire Rees, Global Financial Crime Regulatory Specialist at ThirdEye, and Phil Roberts, UK Business Development Manager, examine what these developments mean for compliance and financial crime teams right now.
They cover the CIFAS Fraudscape findings and what the growth of fraud-as-a-service means for your detection approach, why continuous behavioural monitoring is becoming essential as point-in-time controls lose effectiveness against evolving money mule threats, the FCA's OPBAS report and what a shift towards single AML and CTF supervision for professional services could signal for the sector, and the PSR's £3.7 million fine against Bank of Ireland and what it means for how firms think about fraud controls going forward.
Read the full blog post: https://jadethirdeye.com/view/record-fraud-money-mules-and-rising-regulatory-pressure/
About ThirdEye: ThirdEye is a complete AML compliance platform designed for financial institutions in the UK, Australia, and New Zealand. We help organisations build effective, risk-based financial crime programmes that protect communities while meeting regulatory requirements.
Learn more: https://jadethirdeye.com
FinancialCrime #AML #TransactionMonitoring #FraudPrevention #MoneyLaundering #Compliance #MoneyMules #FCA #PSR #CIFAS #AMLCompliance #FinancialCrimeCompliance #ThirdEyeView
Australia's AML/CTF reform deadlines are approaching fast. 31 March for existing reporting entities and Tranche 2 enrolment. 1 July when Tranche 2 obligations take effect. But meeting these dates isn't about achieving perfection—it's about having an effective programme in place and demonstrating genuine progress.
In this episode, Jing Zhang and Colin Dixon explore what AUSTRAC really means by "effective, risk-based, and outcomes-focused" compliance. Using practical transaction monitoring examples, Colin breaks down the difference between ticking compliance boxes and genuinely preventing financial crime.
Key topics covered:
• Critical deadlines for Tranche 2 and existing reporting entities
• How to use AUSTRAC's starter kits and guidance effectively
• What risk-based, effective, and outcomes-focused really mean in practice • Practical transaction monitoring: the cash example
• How to tune rules to reduce noise and uncover real threats
• Why analyst capability and capacity matter as much as your controls
The reforms are an opportunity to build programmes that genuinely protect our communities. That starts with understanding what effectiveness really means.
Read the full blog post: https://jadethirdeye.com/view/beyond-compliance-what-effective-aml-means/ AUSTRAC reforms guidance: https://www.austrac.gov.au/amlctf-reform/reforms-guidance
About ThirdEye: ThirdEye is a complete AML compliance platform designed for financial institutions in Australia, New Zealand, and the UK. We help organisations build effective, risk-based financial crime programmes that protect communities while meeting regulatory requirements.
Learn more: https://jadethirdeye.com
AML #FinancialCrime #Compliance #AUSTRAC #AMLReforms #RiskManagement #TransactionMonitoring #FinCrime #RegTech
FATF has declared fraud a strategic priority. Kuwait and Papua New Guinea are grey-listed. And Transparency International's 2025 Corruption Perceptions Index paints a sobering picture of where financial crime risk is heading.
In this month's episode, Claire Rees and Phil Roberts break down what these developments mean in practice for UK financial crime teams, including your EDD obligations under the Money Laundering Regulations 2017 and why now is the right moment to revisit your geographic risk scoring.
Learn more: https://jadethirdeye.com/view/fatf-fraud-and-the-corruption-index/
About ThirdEye: ThirdEye is a complete AML compliance platform designed for financial institutions in the UK, Australia and New Zealand. We help organisations build effective, risk-based financial crime programmes that protect communities while meeting regulatory requirements. Learn more: https://jadethirdeye.com
AML #FinancialCrime #FATF #Compliance #CPI #AntiMoneyLaundering #UKCompliance #ThirdEyeView #EDD #RegulatoryCompliance
Derek Johnston has spent 35 years in financial services, most of it in risk management across all three lines of defence. His view? The CRO's job isn't to say no. It's to say yes, but.
In this conversation with Claire Rees, Regulatory Financial Crime Specialist at ThirdEye, Johnston shares what he's learned about building risk-aware cultures, choosing AI projects with purpose, and preparing teams for threats that keep changing.
📖 Read the full article: https://jadethirdeye.com/blog/derek-j...
FinancialCrime #RiskManagement #AML #Compliance #BuildingSocieties #CRO
Effective risk management and excellent customer outcomes aren’t mutually exclusive—they depend on each other.
That’s the approach Vivian Valbuena has refined over 25 years working across the US, Europe, Asia, Australia, and now New Zealand as General Manager of Risk at Fisher Funds.
In a recent conversation with Hamish Shaw, General Manager at ThirdEye, Valbuena shared her thoughts on fraud prevention, customer experience, and leading a risk function at one of New Zealand’s largest wealth managers, serving more than half a million customers.
📖 Read the full article: https://jadethirdeye.com/blog/making-risk-management-work-for-customers/
RiskManagement #CustomerExperience #FraudPrevention #WealthManagement #FinancialCrime
How do you lead a risk function when criminals move faster than committees?
Bob Liang, Senior Risk Executive, shares what he's learned across a career spanning corporate regulation, payments law, and fintech risk leadership.
In this conversation with ThirdEye's Hamish Shaw, he explains why risk should be an enabler rather than an obstacle, how to build genuine partnerships with regulators, and why the detail-oriented mindset that builds great compliance careers can become a blind spot at the executive level.
📖 Read the full article: https://jadethirdeye.com/blog/how-risk-leadership-is-evolving-beyond-compliance/
RiskManagement #FinancialCrime #AML #RiskLeadership #Compliance
2026 brings unprecedented change to AML compliance in Australia and New Zealand.
This month, we examine what reporting entities need to know about Australia's 31 March reforms, Tranche 2 implementation, New Zealand's regulatory consolidation, and the approaching FATF mutual evaluation.
The message from regulators is clear: they expect progress, not perfection. But "progress" means demonstrating your programme actually works, not just that it exists.
In this episode:
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Australia's 31 March reforms – The shift from tick-box compliance to risk-based, outcomes-focused programmes. AUSTRAC expects evidence of meaningful progress, and will not tolerate entities that made no attempt to implement required changes.
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Tranche 2 implementation – Lawyers, accountants, real estate agents, and precious metals dealers enter the regime. Enrolment opens 31 March, compliance obligations begin 1 July. Lessons from New Zealand's experience show it takes time to properly embed effective programmes.
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New Zealand's single supervisor model – Moving from three supervisors to the Department of Internal Affairs on 1 July 2026. Reporting entities moving supervisor should review their programmes with fresh eyes.
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Australia's FATF mutual evaluation – Beginning late 2026, the fifth round focuses on effectiveness, not just whether regulations exist. Every reporting entity needs to demonstrate their programme actually works.
The Tranche 2 changes take effect only months before Australia's mutual evaluation. FATF will expect reporting entities have implemented changes and are showing effectiveness. Time is running short for those who haven't started.
Hosted by: Jing Zhang, Business Development Manager and Colin Dixon, CAMS-certified AML Solutions Specialist at ThirdEye Colin has been with ThirdEye since 2012, bringing extensive experience helping clients strengthen their financial crime prevention programmes.
Links mentioned: AUSTRAC guidance: https://www.austrac.gov.au/business/core-guidance
FATF Malaysia report: https://www.fatf-gafi.org/content/dam/fatf-gafi/mer/mer-malaysia-2025.pdf.coredownload.inline.pdf
FATF Belgium report: https://www.fatf-gafi.org/content/dam/fatf-gafi/mer/Mutual-Evaluation-Belgium-2025.pdf.coredownload.inline.pdf
Read the full blog post: https://jadethirdeye.com/view/2026-year-of-aml-transformation-australia-new-zealand/
Subscribe for monthly insights on financial crime prevention across Australia, New Zealand, and the UK.
About ThirdEye: We partner with mid-sized banks, building societies, lenders, and credit unions across Australia, New Zealand and the UK to fight financial crime. Our flexible transaction monitoring, customer screening, and case management solutions adapt to your risk landscape, backed by local support teams who understand your compliance environment.
Learn more: https://www.jadethirdeye.com/ #AML #FinancialCrime #Compliance #AUSTRAC #RiskManagement #Tranche2 #FATF #ThirdEye #RegTech
2025 was relentless for UK financial crime professionals, and 2026 shows no signs of slowing down. In this episode, Claire Rees and Phil Roberts examine four critical developments shaping the year ahead.
What we cover:
AML/CTF supervision reform – The FCA's move to become the single supervisor for professional services faces strong opposition from the Law Society, who've raised concerns about implementation speed and client confidentiality protection.
FATF mutual evaluation preparation – With the UK's 2027 evaluation approaching, there's a visible readiness programme underway. The new methodology emphasises effectiveness over compliance, requiring firms to focus on evidence and outcomes.
Economic Crime Levy changes – From 1 April 2026, the levy band structure shifts with higher amounts for firms with significant UK revenue. Understanding the impact on your calculations matters now.
Geopolitical uncertainty and sanctions – Geopolitical volatility is driving more assertive sanctions enforcement. Manual screening processes may struggle to keep pace with rapid changes, making automation critical for ongoing compliance.
Read the full blog post: https://jadethirdeye.com/view/what-2026-holds-for-uk-financial-crime-teams/
About the hosts: Claire Rees brings over 20 years of financial crime expertise from her experience in financial services as Global Financial Crime Regulatory Specialist, whilst Phil serves as Business Development Manager for ThirdEye in the UK, helping organisations navigate complex regulatory landscapes.
About ThirdEye: We partner with mid-sized banks, building societies, lenders, and credit unions across Australia, New Zealand and the UK to fight financial crime. Our flexible transaction monitoring, customer screening, and case management solutions adapt to your risk landscape, backed by local support teams who understand your compliance environment.
Learn more: https://www.jadethirdeye.com/
🔔 Subscribe for monthly insights on financial crime trends, compliance best practices, and regulatory updates.
FinancialCrime #AML #Compliance #UKCompliance #FATF #EconomicCrimeLevey #Sanctions #RegulatoryChange #FCA #ThirdEyeView
Understanding why fundamental financial crime controls remain critical even as AI and synthetic identities dominate industry discussions.
This month's ThirdEye View UK examines significant enforcement actions that demonstrate why getting the basics right matters:
- NCA's coordinated raids on 2,700 UK businesses revealing persistent cash-based laundering through high street premises
- FCA's £44m penalty against Nationwide for fundamental control failures when personal accounts were used for business purposes
- Operation Destabilise uncovering billion-dollar laundering networks combining cash collection, cryptocurrency, and sanctions evasion
- Key themes from UK Finance's Economic Crime Conference on collaboration and intelligent use of AI
These cases reveal how traditional and emerging threats require equal attention. Old-fashioned cash-based laundering remains alive and well on the high street, whilst sophisticated networks combine UK street crime with cryptocurrency and global corporate structures. The Nationwide penalty demonstrates that when customer behaviour diverges from intended account purposes, controls must adapt accordingly.
We discuss what these enforcement actions mean for financial crime programmes and why firms need monitoring that examines the bigger picture, not just isolated transactions.
Read the full blog post: https://jadethirdeye.com/view/why-aml-basics-still-matter/
About the hosts: Claire Rees brings over 20 years of financial crime expertise from her experience in financial services as Global Financial Crime Regulatory Specialist. Chris Holmes is UK Manager supporting ThirdEye clients since its inception in 2012, providing hands-on support and strategic guidance to help firms strengthen their financial crime controls.
About ThirdEye: We partner with mid-sized banks, building societies, lenders, and credit unions across Australia, New Zealand and the UK to fight financial crime. Our flexible transaction monitoring, customer screening, and case management solutions adapt to your risk landscape, backed by local support teams who understand your compliance environment.
Learn more: https://www.jadethirdeye.com/
🔔 Subscribe for monthly insights on financial crime trends, compliance best practices, and regulatory updates.
Financial crime causes real harm to real people. This month, we examine real cases from November 2025 to highlight the human cost of financial crime and remind compliance professionals why their work matters.
Following the FIU/ACAMS conference, discussions revealed that many people working in financial crime teams don't fully appreciate the extent and impact of the problem they're helping to solve. Understanding the real-world harm changed attendees' views from seeing this as a compliance exercise to work with genuine social benefits.
In this episode:
- Drug trafficking operations – $220m drug shipments intercepted at Auckland and Melbourne airports demonstrate the scale of the problem. Large amounts of money need laundering, and detection work by compliance teams helps identify these activities and reduce the harm drugs cause to communities.
- Fraud and scams – From victims losing $250,000 to fake cryptocurrency trading services to 1,600 arrests at a scam hub near the Thai border in Myanmar. Each victim is someone's customer, and the industry needs to get better at preventing fraud.
- Modern slavery – People brought into the country, treated as property, and paid next to nothing for working long hours. Whilst financial amounts may be low, the impact on victims is devastating.
- Environmental crime – From over-fishing that jeopardises long-term sustainability to operations affecting legal fishing and individual livelihoods. These crimes often have lower amounts involved but still deserve attention in detection strategies.
These cases show why adapting your AML programme to detect evolving threats isn't just about compliance, it's about protecting communities. Each detection matters. Small-scale activity at your institution might be the key to unlocking larger organised operations.
Hosted by: Jing Zhang, Business Development Manager and Colin Dixon, CAMS-certified AML Solutions Specialist at ThirdEye
Colin has been with ThirdEye since 2012, bringing extensive experience helping clients strengthen their financial crime prevention programmes.
Read the full blog post: https://jadethirdeye.com/view/real-harm-behind-financial-crime/
Subscribe for monthly insights on financial crime prevention across Australia, New Zealand, and the UK.
About ThirdEye
We partner with mid-sized banks, building societies, lenders, and credit unions across Australia, New Zealand and the UK to fight financial crime. Our flexible transaction monitoring, customer screening, and case management solutions adapt to your risk landscape, backed by local support teams who understand your compliance environment.
Learn more: https://www.jadethirdeye.com/
FinancialCrime #AML #Compliance #TransactionMonitoring #FraudPrevention #ModernSlavery #ThirdEye #ACAMS #NZFIU
This month, we examine proposed regulatory changes, enforcement findings, and practical intelligence resources for UK financial institutions. In this episode:
- Draft Money Laundering Regulations signal practical changes ahead – Expected to take effect in Q1 2026, the amendments refine Customer Due Diligence triggers, narrow Enhanced Due Diligence requirements to focus specifically on the highest-risk jurisdictions, and clarify transaction monitoring guidance. Once finalised, use these changes as a prompt to review your Enterprise-Wide Risk Assessments, policies, procedures, and training.
- FCA review exposes financial crime control gaps in corporate finance – The review reveals that two-thirds of firms may be non-compliant with AML requirements. Key findings include 10% of firms not retaining Customer Due Diligence evidence and 29% of principal firms skipping financial crime risk assessments for appointed representatives. Whilst targeting corporate finance specifically, these themes translate across financial services firms.
- NCA's SARs Reporter Booklet brings compliance to life – The latest edition offers valuable case studies that strengthen detection capabilities and team training. Use these real-world scenarios to examine your own vulnerabilities and ensure appropriate controls are in place, particularly for transaction and customer monitoring.
Excellence in financial crime prevention starts with getting the basics right consistently, then refining your approach as regulations evolve.
Hosted by: Claire, Global Financial Crime Regulatory Specialist Phil, Business Development Manager at ThirdEye •
Read the full blog post: https://www.jadethirdeye.com/resource...
Subscribe for monthly insights on financial crime prevention across the UK, Australia, and New Zealand.
About ThirdEye We partner with mid-sized banks, building societies, lenders, and credit unions across the UK, Australia, and New Zealand to fight financial crime. Our flexible transaction monitoring, customer screening, and case management solutions adapt to your risk landscape, backed by local support teams who understand your compliance environment. Learn more: https://www.jadethirdeye.com/
FinancialCrime #AML #Compliance #FCA #MoneyLaunderingRegulations #NCA #ThirdEye #UKCompliance
Insights from the 2025 NZ FIU and ACAMS Conference Financial crime causes real harm to real people.
This month, we unpack three insights from the 2025 NZ FIU and ACAMS Conference in Wellington that matter for ANZ financial crime teams. In this episode:
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Understanding the human cost of financial crime – Modern slavery affects 50 million people worldwide, and traffickers move money through the financial system. We examine practical approaches to detect both victims and perpetrators through transaction monitoring, including watching for unusual patterns and signs of financial control.
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Proliferation financing requires focused attention - This evolving risk covers funding for weapons of mass destruction, including materials, components, and expertise. Mid-range international transactions often bypass standard high-value monitoring rules. We explore how to build detection that specifically addresses these threats.
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The power of collaboration in fighting financial crime – New Zealand's Financial Crime Prevention Network demonstrates how structured information sharing strengthens detection across the sector. We discuss both formal collaboration models and the value of peer conversations in improving financial crime prevention.
Hosted by: Jing Zhang, Business Development Manager and Colin Dixon, CAMS-certified AML Solutions Specialist at ThirdEye Colin has been with ThirdEye since 2012, bringing extensive experience helping clients strengthen their financial crime prevention programmes.
- Read the full blog post: https://www.jadethirdeye.com/resources/blog/the-fincrime-connection-anz-november-2025
Subscribe for monthly insights on financial crime prevention across Australia, New Zealand, and the UK. About ThirdEye We partner with mid-sized banks, building societies, lenders, and credit unions across the Australia, New Zealand and the UK to fight financial crime.
Our flexible transaction monitoring, customer screening, and case management solutions adapt to your risk landscape, backed by local support teams who understand your compliance environment.
Learn more: https://www.jadethirdeye.com/
FinancialCrime #AML #Compliance #TransactionMonitoring #ModernSlavery #ProliferationFinancing #ThirdEye #ACAMS #NZFIU
In the October 2025 episode of The FinCrime Connection UK, Claire Rees and Phil Roberts examine four key stories that are shaping compliance:
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OFSI Sanctions List Consolidation - From 28 January 2026, the OFSI Consolidated List closes. We break down what the move to a single UK Sanctions List means for your screening processes and what you need to update before the transition.
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NCA Enforcement in Northern Ireland - The National Crime Agency's ongoing money laundering investigation has resulted in arrests and the seizure of £2.6 million in cash.
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FCA Supports Digital Identity Systems - At its annual public meeting, the FCA positioned digital ID as a transformative tool for fraud prevention and financial crime detection. We explore the tensions around privacy and implementation, and why firms need clear guidance as proposals develop.
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Money Laundering Regulations Update - With the consultation period now closed, we look ahead to what changes might be confirmed in the coming weeks, including industry concerns about proportionality and risk-based approaches.
Read the full blog: https://www.jadethirdeye.com/resources/blog/the-fincrime-connection-uk-october-2025
Perfect for: compliance professionals, AML officers, and risk managers at mid-sized financial institutions.
🎙️ Subscribe for monthly FinCrime Connection UK episodes.
Hosted by Claire Rees and Phil Roberts from Jade ThirdEye. Claire brings extensive expertise in financial crime prevention as Global Financial Crime Regulatory Specialist, whilst Phil serves as Business Development Manager for Jade ThirdEye in the UK, helping organisations navigate complex regulatory landscapes.
About Jade ThirdEye: We provide SaaS solutions for transaction monitoring, customer screening, and case management to mid-sized banks, building societies, lenders, and credit unions across the UK, Australia and New Zealand
🌐 Learn more about Jade ThirdEye: https://www.jadethirdeye.com/
FinancialCrime #AMLCompliance #RegulatoryCompliance #JadeThirdEye #AML #Compliance #FCA #OFSI #MoneyLaundering #DigitalIdentity #FinCrime #ComplianceProfessionals
In the October 2025 episode of The FinCrime Connection ANZ, we unpack the month's most significant financial crime developments across Australia and New Zealand.
In this episode:
• Protecting children through financial intelligence – Why detecting child exploitation transactions demands constant vigilance, where to find critical guidance, and why predicate offence detection matters beyond traditional AML obligations
• Australia's AML/CTF reform update – Timeline reminders, recent rule publications, and practical steps to prepare for the 2026 compliance deadlines
• FIU Conference 2025 preview – What to expect from Wellington's premier financial crime event (3-5 November).
📖 Read the the detailed analysis: https://www.jadethirdeye.com/resource...
Hosted by Jing Zhang (Business Development Manager) and Colin Dixon (CAMS-certified AML Solutions Specialist), The FinCrime Connection ANZ delivers practical insights to help compliance professionals across Australia and New Zealand stay ahead of emerging threats and regulatory changes.
Perfect for: compliance professionals, AML officers, and risk managers at mid-sized financial institutions.
🎙️ Subscribe for monthly FinCrime Connection ANZ episodes
About Jade ThirdEye: We provide SaaS solutions for transaction monitoring, customer screening, and case management to mid-sized banks, building societies, lenders, and credit unions across Australia, New Zealand, and the UK.
🌐 Learn more about Jade ThirdEye: https://www.jadethirdeye.com/
FinancialCrime #AMLCompliance #RegulatoryCompliance #JadeThirdEye
In this episode of The FinCrime Connection, Claire Rees (Global Financial Crime Regulatory Specialist) and Phil Roberts (Business Development Manager) examine the UK's Economic Crime Plan 2 progress, explore the Wolfsberg Group's innovation guidance, and analyse OFSI's latest sanctions disclosure.
This Episode Covers:
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UK Economic Crime Plan 2 progress report showing measurable results in money laundering prosecutions
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Wolfsberg Group's groundbreaking guidance on innovation in suspicious activity monitoring
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OFSI disclosure notice highlighting critical lessons for sanctions compliance
Read the detailed analysis: https://www.jadethirdeye.com/resources/blog/the-fincrime-connection-uk-september-2025
Perfect for: compliance professionals, AML officers, and risk managers at mid-sized financial institutions.
About Jade ThirdEye: We provide SaaS solutions for transaction monitoring, customer screening, and case management to mid-sized banks, building societies, lenders, and credit unions across the UK, New Zealand, and Australia.
FinancialCrime #AMLCompliance #RegulatoryCompliance #JadeThirdEye
In this episode of The FinCrime Connection, Colin Dixon (AML Solution Specialist) and Jamie (Head of Customer Success) break down Australia's new AML/CTF Rules, analyse AUSTRAC's recent enforcement action, and explore valuable intelligence resources from New Zealand's FIU.
This Episode Covers:
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Comprehensive analysis of Australia's regulatory overhaul and its practical implications
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AUSTRAC's enforcement approach through the Revolut penalty case study
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How New Zealand's FIU intelligence resources can enhance detection capabilities
We break down what this means for your financial crime programme and how to stay ahead.
Read the detailed analysis: https://www.jadethirdeye.com/resources/blog/the-fincrime-connection-anz-sept-2025
Perfect for: compliance professionals, AML officers, and risk managers at mid-sized financial institutions.
About Jade ThirdEye: We provide SaaS solutions for transaction monitoring, customer screening, and case management to mid-sized banks, building societies, lenders, and credit unions across the UK, New Zealand, and Australia.
FinancialCrime #AMLCompliance #RegulatoryCompliance #JadeThirdEye
In this episode of The FinCrime Connection, Colin Dixon (AML Solution Specialist) and Jing Zhang (Business Development Manager) from Jade ThirdEye discuss AUSTRAC's latest enforcement actions, the regulator's push to educate, New Zealand's shift to a single supervisor, and the fast-approaching SWIFT MX deadline.
- AUSTRAC enforcement and education: Recent case closures reveal the true cost of compliance failure and expansion of educational resources to support those proactively engaging with their obligations.
- New Zealand transition: Single supervisor model creates both challenges and opportunities for financial institutions.
- SWIFT MX deadline: November 2025 transition affects IFTI reporting across ANZ markets. We break down what these changes mean for your financial crime programme and how to stay ahead
📖 Read our accompanying blog here: https://www.jadethirdeye.com/resources/blog/the-fincrime-connection-anz-august-2025
About Jade ThirdEye: We provide SaaS solutions for transaction monitoring, customer screening, and case management to mid-sized banks, building societies, lenders, and credit unions across the UK, New Zealand, and Australia.
AML #FinancialCrime #RegTech #FinCrimeConnection #MoneyLaundering #SystemPriorities #NRA
Perfect for: compliance professionals, AML officers, and risk managers at mid-sized financial institutions.
In this August's episode of The FinCrime Connection, join hosts Claire Rees (Global Financial Crime Regulatory Specialist) and Phil Roberts (Business Development Manager, UK) as they unpack three landmark publications that are reshaping AML/CTF compliance in the UK:
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The 2025 National Risk Assessment – revealing over £12bn in criminal cash each year, with fintech, crypto, and casinos now higher risk.
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New System Priorities – nine equal-weight areas where firms can focus resources for maximum impact.
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HM Treasury's MLR reforms – practical changes giving compliance teams the flexibility they've been asking for. Together, these represent the most significant recalibration of the UK's financial crime framework in years.
Our experts break down what these changes mean for your financial crime programme.
📖 Read our accompanying blog here: https://www.jadethirdeye.com/resources/blog/fincrime-connection-uk-august-25
About Jade ThirdEye: We provide SaaS solutions for transaction monitoring, customer screening, and case management to mid-sized banks, building societies, lenders, and credit unions across the UK, New Zealand, and Australia.
Perfect for: compliance professionals, AML officers, and risk managers at mid-sized financial institutions.
Subscribe for monthly financial crime prevention insights.
#AML #FinancialCrime #RegTech #FinCrimeConnection #MoneyLaundering #SystemPriorities #NRA
In this customer story, we speak with Stacey Blackwell, Head of Financial Crime at Skipton Building Society.
Hear how her team used Jade ThirdEye to uncover a fraud ring and stop an APP scam—safeguarding customers and preventing losses.
Read the full customer story: https://www.jadethirdeye.com/resources/case-studies/uk/skipton-building-society-2
FraudDetection #AML #FinancialCrime #JadeThirdEye #CaseStudy #APPFraud
In this episode of The FinCrime Connection AU, we explore AUSTRAC’s recent evolution in regulatory focus—from a traditional compliance mindset to an outcomes-based approach.
Join us as we unpack key takeaways from AUSTRAC CEO Brendan Thomas’s June 2025 speech at the ACAMS Assembly Australasia conference, and what this evolution means for reporting entities (REs) across Australia.
We discuss:
- What AUSTRAC means by “focusing on outcomes”
- How REs can adjust their transaction monitoring strategies
- The importance of proactive system tuning
- Why working closely with your vendor is key to better detection
📖 Related blog: https://www.jadethirdeye.com/resources/blog/the-fincrime-connection-au-july-2025
Subscribe for monthly insights on financial crime, AML/CTF regulation, and compliance best practices from the team at Jade ThirdEye.
FinCrimeConnection #AML #AUSTRAC #TransactionMonitoring #FinancialCrime #RegTech #Compliance #CTF #Australia #JadeThirdEye
The FinCrime Connection UK - July 2025: AI Innovation, Partnership Success & Regulatory Fines
This month, Claire Rees and Phil Roberts dive into three major developments shaping the financial crime landscape.
Episode Highlights:
🤝 JMLIT's Decade of Success
🤖 FCA Embraces AI Innovation
💰 Monzo's £21M AML Fine
Watch now and explore the full insights in our blog here: https://www.jadethirdeye.com/resources/blog/the-fincrime-connection-uk-july-2025
About Your Hosts: Claire Rees brings over 20 years of financial crime expertise as Jade ThirdEye's Global Financial Crime Regulatory Specialist. Phil Roberts is the new Business Development Manager for Jade ThirdEye in the UK, bringing fresh perspective to the financial crime conversation.
About Jade ThirdEye: We specialise in AML software solutions including transaction monitoring, customer screening, and case management for mid-sized financial institutions across the UK, New Zealand, and Australia.
Questions, thoughts, or feedback? We'd love to hear from you!
Subscribe for monthly insights into the evolving world of financial crime prevention and regulatory compliance.
Financial Crime, #AML, #Compliance, #RegTech, #FCA, #NCA, #Banking, #AI, #Money Laundering, #Regulatory Updates
In this month’s episode of The FinCrime Connection Global, hosts Jing Zhang and Jamie Muir cover three key developments from across Australia, the UK, and New Zealand:
- Australia's Enhanced SMR Requirements Set to Transform Reporting Landscape
- UK Fraud Figures Reveal Criminal Adaptation in Action
- New Zealand Delivers Strong Message with NZ$1.125 Million Money Remitter Fine
Tune in for essential updates to stay ahead of financial crime!
Read our blog here: https://www.jadethirdeye.com/resources/blog/fincrime-connection-global-june-2025
JadeThirdEye #Fraud #RegTech #FinancialCrime #AML
This month on The FinCrime Connection, hosts Claire Rees and Chris Holmes unpack the top developments shaping the UK’s financial crime landscape:
- FCA Links Financial Crime Controls with Consumer Duty
- CIFAS Fraudscape Reveals Record-Breaking Fraud Figures
- Early Insights from APP Scam Reimbursement Reforms
From evolving fraud typologies to regulatory reforms, this episode is essential for financial crime professionals wanting to stay ahead.
Read our blog here: https://www.jadethirdeye.com/resources/blog/the-fincrime-connection-uk-may-2025
FinCrime #FraudPrevention #FinancialCrime #ConsumerDuty #FCA #JadeThirdEye #Cifas #AML
This month on The FinCrime Connection, Colin Dixon and Jamie Muir explore New Zealand's latest scam protection measures from the New Zealand Banking Association (NZBA) and what they mean for AML professionals across New Zealand.
With insights drawn from the UK and expert commentary from our hosts, this episode equips financial crime teams with the knowledge they need to prepare for 30 November 2025.
Read our blog, which also contains links to the UKFIU podcasts, here: https://www.jadethirdeye.com/resources/blog/the-fincrime-connection-nz-may-2025
FinancialCrime #AML #NZBA #FraudPrevention #FinCrimePodcast #JadeThirdEye
In this episode of The FinCrime Connection, Claire Rees and Colin Dixon break down the latest trends in financial crime. Discover the new legislative changes in New Zealand, how cyber-attacks are affecting Australian superannuation companies, and the UK’s improved Suspicious Activity Reports. Listen now for actionable insights that every financial crime professional should know!
FinCrime #FinancialCrime #AML #RiskAssessment #CyberSecurity #FinancialRegulation #NewZealandLegislation #Superannuation #SuspiciousActivityReports #FinancialCrimePrevention #JadeThirdEye
Claire Rees, Financial Crime Regulatory Specialist at Jade ThirdEye is joined by Lindsey Woodward, Deputy MLRO at Virgin Money, to discuss key highlights and takeaways from the UK Economic Crime Convention.
🌟 What’s Covered in This Episode:
Passion in the Industry: The drive and enthusiasm of professionals across fraud, financial crime, and compliance.
Challenges of Regulation: Balancing scalable regulations for firms of all sizes.
Failure to Prevent Fraud: Exploring how new guidance might reshape industry practices in 2025.
Balancing Acts: Managing access to cash while addressing financial crime risks.
Tune in to hear their thoughts on the future of financial crime prevention, upcoming regulatory changes, and how the industry is shaping up for an exciting year ahead.
👉 Don’t forget to like, share, and subscribe for weekly updates! #EconomicCrime #AML #Compliance #JadeThirdEye #FraudPrevention #FinancialCrime
Join Adrian Isaac and Claire Rees DipFCP, DipAML, as they recap an insightful day at the UK Finance Economic Crime Congress in London.
- Key Theme: Future and Effectiveness
- Risk-Based Approaches Evolving
- DAML Threshold Changes
AML #Fraud #Compliance #FinancialCrime #UKFinance
🎥 In Case You Missed It! A round-up of the latest Financial Crime headlines you need to know from the Jade Thirdeye UK team:
🗞️ FCA’s Finalised Financial Crime Guide – Practical tips for firms to tackle financial crime risks effectively. FCG.pdf
🗞️ Basel AML Index 2024 – Insights into global money laundering risks and rankings. Basel AML Index 2024 | Basel Institute on Governance
🗞️ Operation Destabilise – The NCA’s massive takedown of Russian-linked money laundering networks, leading to 84 arrests. Operation Destabilise: NCA disrupts $multi-billion Russian money laundering networks with links to, drugs, ransomware and espionage, resulting in 84 arrests - National Crime Agency
Financial Crime #AML #Fraud
Join our UK Jade ThirdEye experts, Claire Rees DipFCP, DipAML, and Adrian Isaac, as they roundup the week’s financial crime stories.
Key Highlights This Week:
📌 ICO Guidance: Practical advice on using data to combat scams and fraud. Data protection is not an excuse when tackling scams and fraud | ICO
📌 Charity Commission Update: Refreshed guidance to help trustees protect their charities. Regulator refreshes guidance as it reveals 600 cases related to fraud in the last year - GOV.UK
📌 FCA Fine: Macquarie Bank Limited (London Branch) hit with a £13m fine for serious control failures. MBL fined £13m for serious control failures that allowed trader to conceal over 400 fictitious trades | FCA
📌 BBC Scam Safe Quiz: Test your scam awareness with this interactive tool. BBC Scam Safe quiz: How scam savvy are you? - BBC Bitesize
Financial Crime #AML #Fraud
The UK Jade ThirdEye Team has launched a weekly financial crime news update, "In case you missed it"! Join our very own Claire Rees DipFCP, DipAML, and Adrian Isaac as they deliver a bitesize roundup of the week’s key developments in the world of financial crime.
https://www.theguardian.com/world/2024/nov/17/uk-territories-laundering-money-crime-margaret-hodge-andrew-mitchell
https://www.fca.org.uk/news/press-releases/fca-charges-four-individuals-fraud-offences-relating-failed-credit-union
https://www.bankofengland.co.uk/report/2024/artificial-intelligence-in-uk-financial-services-2024?sf207477876=1
FinancialCrime #AML #Fraud
Jade ThirdEye's Adrian Isaac talks to Gareth Dothie, Detective Inspector, Fraud Operations, National Lead Force for Fraud, City of London Police, about the latest financial crime trends and how SARs play a crucial role in fighting financial crime.
Find out more about Jade ThirdEye or book a demo at https://www.jadethirdeye.com/ or the National Lead Force for Fraud, City of London Police at National Lead Force | City of London Police
SARs #AML #financialcrime #Londoncitypolice #fraud
Jade ThirdEye's Adrian Isaac and Jessica Cath of Thistle Initiatives discuss what to consider when deciding between build versus buy for AML Software.
Find out more about Jade ThirdEye or book a demo at https://www.jadethirdeye.com/ or Thistle Initiatives at thistleinitiatives.co.uk
buildvsbuy #AML #FinancialCrime #AMLcompliance
Reference: Coinbase from open-source Consent Order, Jan 2023 - https://www.dfs.ny.gov/system/files/documents/2023/01/ea20230104_coinbase.pdf
Jade Third Eye's Adrian Isaac talks to Simon Miller of Stop Scams UK about how the organisation is helping businesses in the fight against scams.
Find out more about Jade ThirdEye or book a demo at https://www.jadethirdeye.com/ or Stop Scams UK at Stop Scams UK
AML #FinancialCrime #AMLcompliance #FinancialCrimeCompliance #FightFinancialCrime
scams #StopScams #StopScamsUK #Fraud
Adrian Isaac, Client Manager at Jade ThirdEye explores the Key components to a robust and a healthy AML and Financial Crime reporting Culture with Gill Davidson, Non-Executive Director and Board Advisor.
Find out more about Jade ThirdEye or book a demo at https://www.jadethirdeye.com/
AML #FinancialCrime #AMLcompliance #FinancialCrimeCompliance #FightFinancialCrime #FinancialCrimeReporting
Stacey Blackwell, Head of Financial Crime at Skipton Building Society, explores how to put the customer first in the fight against financial crime with Jade ThirdEye's very own Adrian Isaac.
Find out more about Jade ThirdEye or book a demo at https://www.jadethirdeye.com/
AML #FinancialCrime #AMLcompliance #FinancialCrimeCompliance #FightFinancialCrime
Traditionally, anti-money laundering transaction monitoring practices focus on identifying offenders. However, for every offence, there is a victim and the effect upon the victim is often life-changing and long-lasting.
Colin Dixon, AML Specialist at Jade ThirdEye, explores how transaction monitoring can help identify the financial patterns that may indicate someone is a victim of Financial Crime.
Find out more about Jade ThirdEye or book a demo at https://www.jadethirdeye.com/
AML #FinancialCrime #AMLcompliance #FinancialCrimeCompliance #FightFinancialCrime
In the second of our 2-part podcast, Claire Rees explores adapting your AML solution to emerging risks. Claire has over 21 year's experience working in Risk Management roles in financial services, 17 years of which were spent specialising in Financial Crime Prevention in a number of senior roles including most recently as Head of Fraud and AML with a mortgage lender and service provider.
Claire Rees explores adapting your AML solution to emerging risks. Claire has over 21 year's experience working in Risk Management roles in financial services, 17 years of which were spent specialising in Financial Crime Prevention in a number of senior roles including most recently as Head of Fraud and AML with a mortgage lender and service provider.
2021 saw the FCA scrutinise retail banks and issue a ‘Dear CEO’ letter detailing common themes arising from the FCA’s assessments of retail banks’ financial crime systems and controls. In late 2021 two retail banks were issued large fines for AML failings. Jade ThirdEye’s very own Claire Rees explores what went wrong and discusses what financial organisations should be considering when reviewing their AML/CTF programme to establish if it is appropriate for their risk profile.
The second in a podcast series by Jade Third Eye focussing on anti-money laundering insights from industry experts.
This podcast will consider the following topics, suspicious activity reporting and potential reforms
and why audit trail and record-keeping is important to remember.
The first in a podcast series by Jade Third Eye focussing on anti-money laundering insights from industry experts.
This podcast will consider several topics including the changes to the UK Money Laundering Regulations, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and changes to the high-risk third country list; what firms should think about.
Martin Dilly features on the Jade ThirdEye Spotlight on AML podcast to give a deeper understanding about auditing, independent reviews, and assurance of AML programmes across New Zealand and Australia.
Martin Dilly features on the Jade ThirdEye Spotlight on AML podcast to provide a broad overview of the reporting obligations, risk and opportunities for technology to help Australian and New Zealand reporting entities.
Martin Dilly features on the Jade ThirdEye Spotlight on AML podcast to share his thoughts on the red flags that reporting entities need to be aware of with detecting and reporting transactions in their AML/CFT programme.
In this final episode David Mollison, of UK Building Society Monmouthshire continues to share their AML journey as he discusses their experience of a full remote implementation of Jade ThirdEye during a COVID-19 lockdown, the outcomes they have had so far, and the ways they intend to measure success going forward. (Episode 3 of 3).
David Mollison, of UK Building Society Monmouthshire, based in the UK, continues to share their AML journey from searching for a suitable AML tool through to the challenges of implementation during a COVID lockdown (Episode 2 of 3)
In this podcast David tells us why his team chose to upgrade the tool they use for AML/CFT transaction monitoring, how they decided to take on a fully remote implementation, and tips to make a project like this successful.
David Mollison of UK Building Society Monmouthshire, based in the UK, shares their AML journey from searching for a suitable AML tool through to the challenges of implementation during a COVID lockdown (Episode 1 of 3).