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Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539
Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539

Modern-day banking’s need to respond to the financial crime threat is detailed by Niall Hearty

Author: Niall Hearty  23 October 2023

Niall Hearty wrote about the challenges posed by technological developments making banking easier for criminals as well as legitimate customers.

In his piece, which was published by The European Financial Review, he says that financial institutions and banks have to find ways of preventing the opportunities for financial crime developing at the same rate as the technological advances in their sector.

Niall explains that the authorities are struggling to identify how the banking network is being used by those involved in criminal activity. He adds that the problem is made worse because banks are often focused on complying with national anti-money laundering regulations. Such regulations, he argues, may not be ideal in an era of globalised banking.

He concludes that any genuine efforts to prevent movement of the proceeds of crime across borders need to be conducted on a united, global basis.

The full article can be read here.

Niall Hearty C 07998

Niall Hearty


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Niall has a wealth of corporate crime expertise and an ability to coordinate global bribery and corruption cases. His achievements in such investigations have made him a logical choice for corporate clients.

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