Illicit Financial Flows 2018 | Chatham House | 19 November 2018 | Chatham House, 10 St James's Square, St. James's, London SW1Y 4LE, UK

Despite billions spent, less than 1% of illicit financial flows are currently being seized by authorities, and international money laundering transactions are estimated to be as high as 5% of global GDP. Distrust between organizations continues to inhibit information sharing and collaborative efforts, and with approximately $1 trillion flowing out of developing economies alone it is now more important than ever to re-evaluate approaches to the fight against financial crime.

Technological breakthroughs, political transitions and evolving financial relationships all present emerging threats as well as opportunities. But what key factors must be taken into account when designing measures and frameworks for combatting specific regional flows and breaking down global networks?

Now in its third instalment, the Chatham House Illicit Financial Flows conference will deliver expert insights from senior policy-makers and key stakeholders on the illicit finance landscape to determine effective approaches for both public and private actors. Key questions include:

•Where have we seen the most significant increases in illicit finance? What forms have they taken, and how can this inform disruption strategies?
•How have money laundering and terrorism finance networks developed in the past 12 months? How successful have international efforts been in combatting them?
•How can information sharing and systemic transparency be increased alongside security and privacy across sectors and borders? How can public–private cooperation be encouraged?
•How can regulators design a governance framework for financial institutions that is fit for purpose? What role should private actors be expected to play, and how can appropriate behaviours be effectively encouraged?
•What risks and opportunities do recent advances in technology, such as artificial intelligence (AI), blockchain and big data, pose for detection and disruption?

2018 Speakers:

Robert Barrington
Executive Director, Transparency International UK

Kenneth Blanco
Director, FinCen

Zoë Compston
Deputy Head, Sanctions Unit, Foreign and Commonwealth Office

Geoff Cook
Chief Executive, Jersey Finance

Phil Cotter
Global Head of Risk, Thomson Reuters

Dr Adeyemi Dipeolu
Special Adviser to the President on Economic Matters, Office of the Vice President, Nigeria

Misha Glenny
Journalist and Author, DarkMarket

Charmian Gooch
Co-founding Director, Global Witness

Rob Gruppetta
Head of Financial Crime, FCA

Tom Keatinge
Director, Centre for Financial Crime, RUSI

David Lewis
Executive Secretary, Financial Action Task Force

David McLean
Head of Enforcement & Engagement and Joint Deputy Head of the Office of Financial Sanctions Implementation, HM Treasury

Daniel Moger
Principal Deputy Assistant Secretary for Terrorist Financing and Financial Crimes, US Department of the Treasury

Patrick Moulette
Head, Anti-Corruption Division, OECD

Anastasia Nesvetailova
Director, City Political Economy Research Centre

Peter Neumann
Founding Director, International Centre for the Study of Radicalisation and Political Violence

Simon Riondet
Head, Financial Intelligence Unit, Europol

Donald Toon
Director, Prosperity, National Crime Agency

Edwina Thompson
Director, Beechwood International

Hennie Verbeek-Kusters
Head of FIU, The Netherlands; Chair, Egmont Group, Financial Intelligence Units

2018 Sponsors

• Jersey Finance
• REFINITIV