FINTRAIL delivers terrorism financing training workshops for Project CRAAFT
Context
Project CRAAFT (Collaboration, Research and Analysis Against the Financing of Terrorism) is an academic research and community-building initiative designed to build stronger, more coordinated counter terrorist financing (CTF) capacity across the EU and in its neighbourhood. One of its leading stakeholders, RUSI Europe, approached FINTRAIL to participate in delivering a two day workshop aimed at financial regulators, financial intelligence units (FIUs) and financial institutions.
Solution
FINTRAIL drafted and delivered two interactive presentations for multiple workshops held online and in person across a number of jurisdictions:
‘Terrorist Financing and FinTech: Case studies’ included six anonymised real-life case studies showing how FinTechs have been used for potential TF related activities and discussed CTF controls deployed by FinTechs.
‘Terrorist Financing and FinTech: Collaboration between law enforcement and FinTechs’ included two anonymised case studies showing examples of effective collaborations between FIUs and FinTechs and provided insights from FINTRAIL’s FinTech FinCrime Exchange (FFE) expert working group.
Outcome
✓ FINTRAIL has contributed to multiple CRAAFT workshops. Following each workshop, participants are surveyed and asked to report on what they found most useful and how we could improve the training. Time and time again, participants have highlighted the relevant nature of the presentations which contribute to the success of the workshops overall.
Why FINTRAIL?
Our team of experts are drawn from the industries we support, have deep hands-on experience from leadership roles within the sector, and have supplemented their industry experience with deep technical knowledge gained through our myriad consulting engagements. We understand the risks the financial sector faces and the operational challenges.
We have demonstrable experience in delivering financial crime-related training for leading financial service providers, industry groups and government bodies. Our training is interactive, bespoke to the needs of the specific audience, and based on real-life case studies and insights.
FINTRAIL operates the FinTech FinCrime Exchange (FFE), a global network of FinTech compliance professionals with over 300 member firms. We participate in numerous sector initiatives and work with law enforcement and government bodies and industry think tanks.