Author: Nicola Sharp 3 August 2020
With the government having announced that an economic crime levy will be introduced to fund HM Treasury reform proposals, Thomson Reuters’ Regulatory Intelligence asked Rahman Ravelli’s Nicola Sharp for her thoughts on the scheme.
Nicola outlined what she thought would be the possible benefits to the Suspicious Activity Report (SAR) system, which is currently under strain. She explained that SAR reform would be of value in helping banks to identify money laundering risks effectively and work with the authorities to meet their anti-money laundering obligations.
Her comments were used in an article that can be read here. (Subscription required)
Nicola is known for her fraud, civil recovery, arbitration and business crime expertise, her experience of leading the largest financial disputes and multinational investigations and her skills in devising preventative measures and conducting internal investigations for corporates.