By PAUL O’DONOGHUE, Senior Correspondent
WHY banks must be ‘braver’ in tackling scams and the possibilities of AI were just two of the key topics discussed at ‘Day Zero’ of the ‘International Anti-Financial Crime Summit 2025’ (IAFCS2025).
The event was held in London the day before IAFCS2025, where hundreds of senior FCC leaders will gather on October 22.
‘Day Zero’ was part of a series of meetings held by the ‘AML Intelligence Compliance Council’.
The Council is an exclusive global network organized by AML Intelligence. It brings together C-suite professionals and senior leaders in anti-financial crime (AFC) and financial crime compliance (FCC). The purpose is to share insights and drive change.
The ‘Day Zero’ event was held under the Chatham House rule. This is where speakers at a meeting cannot be identified. However, the information shared at the event can be used and reported.
‘Day Zero’ featured multiple panels of top FCC experts. The topics covered included:
- AI – how it can be used to improve FCC, as well as how it is being used by criminals for scams.
- How to interpret rapid AML and regulatory changes in the US and Europe
- PPPs – why banks should be able to share data, and why they should be ‘braver’ in tackling scams
- Crypto and stablecoins – How FCC departments manage the adoption
- Geo-politics and National Security – how financial institutions can build resilient and effective compliance in a global landscape
IAFCS2025 ‘Day Zero’ is designed as an informal, safe space for open discussion between FCC industry leaders, regulators, policymakers, and law enforcement chiefs.
The focus is on discussions which deliver more effective, efficient, informed and networked AFC delivery.
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