The use of Information sharing in enhancing financial crime prevention has been universally agreed as being beneficial. However no-one has been able to agree on how information can be shared safely without breaching data protection laws or having the right systems to facilitate this, Information sharing has re-emerged as a major consideration for financial institutions (FIs) ahead of the Economic Crime and Corporate Transparency Bill being made into law in the UK.

Speakers will discuss the importance of secure collaboration platforms that enable financial institutions, regulators, and relevant parties to exchange information, alerts, and insights in a controlled and standardised manner. They will also consider how these platforms incorporate secure messaging, data exchange, and workflow capabilities to facilitate effective communication and cooperation.

We will also address key issues surrounding information sharing, including data privacy and confidentiality, regulatory compliance, legal and jurisdictional considerations, technology and interoperability challenges, trust and collaboration, and data quality and standardisation.

Attendees to this session will learn about the critical role of information sharing platforms, regulatory reporting, threat intelligence, and data analytics in combating financial crime effectively, while also coming away with a greater understanding of the potential impact of the Economic Crime and Corporate Transparency Bill on the sector.