Tuesday 9 October 2018
07:45
Sir Rob Wainwright
Former Executive Director of Europol on Money Laundering - where we are and where we should be
Money laundering is a huge issue globally – estimates put the sums involved at 2-5% of global GDP. European legislation has been tightened to address the problem, but it is not operating effectively. Not only does it not keep pace with the perpetrators but it also does not achieve what it sets out to do, being focussed more on compliance than on identified problem flows of money.
Sir Rob Wainwright, former Executive Director of Europol will talk about the problem and how we can make progress towards meeting our real goals in this area.
Rob is a Senior Partner in Deloitte’s Risk Advisory group where he leads board-level engagement on cyber and financial crime. He is also a Senior Associate Fellow at RUSI (the Royal United Services Institute).
Between 2009 and 2018 he was Executive Director of Europol where he established both the European Counter Terrorism Centre and the European Cybercrime Centre. Prior to this he worked at MI5 and held senior positions in national law enforcement agencies in the UK.
Rob was awarded a Knighthood for services to policing and security in 2018.
"At the heart of the system is a highly-developed, rules-based compliance regime. While that offers clarity and uniformity it lacks flexibility in the face of a dynamic criminal threat and suppresses innovation by cultivating a ‘tick-box’ methodology and culture."
Rob is a Senior Partner in Deloitte’s Risk Advisory group where he leads board-level engagement on cyber and financial crime. He is also a Senior Associate Fellow at RUSI (the Royal United Services Institute).
Between 2009 and 2018 he was Executive Director of Europol where he established both the European Counter Terrorism Centre and the European Cybercrime Centre. Prior to this he worked at MI5 and held senior positions in national law enforcement agencies in the UK.
Rob was awarded a Knighthood for services to policing and security in 2018.
