E178: Are criminals better at collaborating than we are?

Recorded on stage at the International Anti-Financial Crime Summit in London.

Are criminals better at collaborating than we are?

If there’s one thing this industry loves, it’s the promise of a silver bullet – the thing that stops financial crime in its tracks. And the one that keeps getting proposed is information sharing: public with private, private with private, and every arrangement in between.

So is it still worth believing in?

Marit Rødevand is joined by Kathryn Westmore, Director of Financial Crime at UK Finance, Kevin Newe, Illicit Finance Threats Lead at HMRC, and Matt Donahue, CEO and Co-Founder of Kodex.

The panel discuss why information sharing hasn’t always worked, what we’d build differently if we started from scratch, and what stops us being as creative as the criminal networks we’re chasing.

Executive Producer: Matthew Dunne-Miles

Editor: Dominic Delargy

Video: Loïs Dunford/Tinashe Gutu

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The Laundry connects anti-money laundering, compliance and financial crime to the real world — the headlines, the regulation behind them, and what non-compliance actually costs.

Hosted by Marit Rødevand, Fredrik Riiser and Robin Lycka, each episode brings on practitioners from banking, fintech, regulators and investigative journalism to unpack what's actually happening in the industry.

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