Lessons From F1

Join Stephen Platt, CEO and Founder of KYC360 and original Founder of the International Compliance Association, and Tom Devlin CCO at KYC360, to hear the key lessons financial institutions can learn from F1 to improve risk management and outperform. 

Date: 10th December 2024
Time: 3:00pm - 4:00pm (UK Time/GMT)

The recent surge in regulatory scrutiny and record-breaking fines has intensified the need for financial institutions to re-evaluate their compliance strategies. High-profile cases, such as the $3 billion fine imposed on TD Bank for Anti-Money Laundering (AML) failures, highlight the steep consequences of falling short. While often seen as a burdensome task, Know Your Customer (KYC) processes are fundamental to a bank’s operational integrity and risk management. AML compliance is not a tick-box exercise; it is a legal and moral imperative.  

In this exclusive webinar, Stephen Platt, and Tom Devlin, will provide insights into the key lessons that banks can learn from the world of Formula 1. By adopting a similar data-driven approach, banks can enhance decision-making, improve operational resilience and remediate customer data efficiently.  

In this webinar, you’ll learn:  

• An analysis of the critical factors contributing to compliance failures and enforcement actions in the banking industry
• Why effective KYC remediation is non-negotiable and how to streamline it with RegTech solutions 
• Actionable strategies to apply Formula 1's data-driven approach to risk management
• Why leveraging human expertise together with new technologies is essential for risk management 

To participate in this complimentary webinar, simply fill out the registration form.

Presenters: