We all agree that working collectively is the only way to make headway in the fight against financial crime. To that end, FINTRAIL and the FinTech FinCrime Exchange (FFE) have been proud to participate in several industry initiatives in 2022, working with a range of private and public sector organisations.

The FFE has participated in the National Crime Agency (NCA) SAR Reform Programme monthly sessions, and in a number of working cells of the National Economic Crime Centre (NECC) Public-Private Partnerships.
In partnership with the Royal United Service Institute (RUSI), FINTRAIL has formed a ‘FinTech Financial Crime Policy Group’ which brings senior members of the FinTech community together to discuss regulatory issues which prevent them from efficiently and effectively combating financial crime. We have hosted sessions with HM Treasury, the Home Office and the Payment Systems Regulator on amendments to the Money Laundering Regulations, AML regime effectiveness and authorised push payment (APP) fraud mandatory reimbursement.
Also alongside RUSI, we have provided training sessions on FinTech and terrorism financing as part of Project CRAAFT (Collaboration, Research and Analysis Against the Financing of Terrorism), an academic research and community-building initiative enhancing CTF capacity across the EU.
We have taken part in an APP Fraud TechSprint held by the Financial Conduct Authority (FCA), and have applied to be a rotating member of the FCA’s Innovation Advisory Group next year.
We participate in events organised by the Singapore Fintech Association (SFA) and the British Chamber of Commerce and UK Department of International Trade (DIT) in Singapore, which have included round table discussions with the Monetary Authority of Singapore (MAS) and the FCA.