In this episode of The Riffle, we examine the growing global threat of cyber-enabled fraud and its impact on financial crime risk in an increasingly digitalised financial system.

The discussion explores how technologies such as artificial intelligence, digital platforms, and instant payment channels enable large-scale fraud schemes, as well as the increasing use of virtual assets to move and obscure illicit proceeds.

We also outline the FATF’s strategic response, including payment transparency measures, strengthened asset recovery frameworks, VASP regulation, and the use of advanced technologies to detect suspicious financial activity.

A concise regulatory briefing for boards, senior management, MLROs, compliance, risk, and legal teams seeking clarity on the evolving risks associated with cyber-enabled fraud.

🎙️ Presented by 10 Leaves