RUSI unveils programme to support public-private sector intelligence sharing in fight against financial crime

RUSI's headquarters in London's Whitehall

RUSI’s headquarters in London’s Whitehall

The Royal United Services Institute’s (RUSI) Centre for Financial Crime and Security Studies has launched the Future of Financial Intelligence Sharing Programme in collaboration with NJM Advisory. This is a new initiative designed to support the implementation of information sharing between public-private sector partnerships in several key jurisdictions.

Financial intelligence sharing is a leading developmental area of anti-money laundering policy and operational risk mitigation. This programme will therefore seek to share research and insight from the different models of financial intelligence sharing and public-private sector partnership being developed around the world.

Tom Keatinge, director of RUSI’s Centre for Financial Crime and Security Studies, said: “There’s very strong private sector and law enforcement interest in the potential of public-private partnerships to disrupt financial crime and achieve a more effective response to money laundering risk. Without such collaboration, financial crime-fighting outcomes will remain less effective than they might otherwise be.”

Jennifer Shasky Calvery, global head of financial crime threat mitigation at HSBC, added: “The future of financial crime risk management will be determined through innovation in public-private sector information sharing being tested in different jurisdictions around the world. It will be key to landing on a sustainable and more effective global system to catch bad actors.”

Over the course of 2017, the new programme aims to cover activity in Mexico, Hong Kong, Singapore and the UAE, bringing together key domestic law enforcement, policy and regulatory stakeholders with experts from banking, professional services, business intelligence, academia and NGOs. The programme will provide key decision-makers with access to the latest research and thinking on public-private sector partnerships specifically designed for financial intelligence sharing.

“Our ambition in this programme is to help share emerging lessons across several national examples on the frontier  of this incredibly important anti-money laundering and terrorist financing agenda,” observed Nick Maxwell, programme manager for the Future of Financial Intelligence Sharing Programme and director at NJM Advisory.

The programme is being project-managed by RUSI’s Centre for Financial Crime and Security Studies and NJM Advisory, and actively supported by both HSBC and Thomson Reuters.

About the Author
Brian Sims BA (Hons) Hon FSyI, Editor, Risk UK (Pro-Activ Publications) Beginning his career in professional journalism at The Builder Group in March 1992, Brian was appointed Editor of Security Management Today in November 2000 having spent eight years in engineering journalism across two titles: Building Services Journal and Light & Lighting. In 2005, Brian received the BSIA Chairman’s Award for Promoting The Security Industry and, a year later, the Skills for Security Special Award for an Outstanding Contribution to the Security Business Sector. In 2008, Brian was The Security Institute’s nomination for the Association of Security Consultants’ highly prestigious Imbert Prize and, in 2013, was a nominated finalist for the Institute's George van Schalkwyk Award. An Honorary Fellow of The Security Institute, Brian serves as a Judge for the BSIA’s Security Personnel of the Year Awards and the Securitas Good Customer Award. Between 2008 and 2014, Brian pioneered the use of digital media across the security sector, including webinars and Audio Shows. Brian’s actively involved in 50-plus security groups on LinkedIn and hosts the popular Risk UK Twitter site. Brian is a frequent speaker on the conference circuit. He has organised and chaired conference programmes for both IFSEC International and ASIS International and has been published in the national media. Brian was appointed Editor of Risk UK at Pro-Activ Publications in July 2014 and as Editor of The Paper (Pro-Activ Publications' dedicated business newspaper for security professionals) in September 2015. Brian was appointed Editor of Risk Xtra at Pro-Activ Publications in May 2018.

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