Perspectives

Episode 3: A Shift in Approach: a banking perspective on tackling Illicit Finance

Tackling Illicit Finance: The Videocast Series

Join Erik Barnett, Regional Head of Europe and MRLO for HSBC Bank PLC, Bill Fox, Global Financial Crimes Executive for Bank of America, and Andrew Robinson, Deloitte Partner, to explore the role of banks in the fight against illicit finance.

Episode summary

In our final videocast of the series Katie Jackson, Partner introduces Andrew Robinson and two senior banking professionals from HSBC and Bank of America.

Drawing from Bill and Erik’s experience in banking we hear their views on the effectiveness of the current financial crime regime and the shift in approach they would like to see. They agree that three key principles are crucial to delivering better outcomes namely increased prioritisation, deeper collaboration and becoming more intelligence-led.

Speakers

Katie Jackson
Partner, UK Head of Financial Crime, Deloitte

Katie is a Partner in Deloitte Forensic. She has over 10 years’ experience working in the Financial Services sector, principally specialising in Financial Crime. She has a particular focus on anti-money laundering (AML) and financial sanctions, supporting clients to comply with regulatory obligations and keep abreast of industry good practice. More recently, she has been supporting projects looking to redesign financial crime target operating models.


Andrew Robinson
Partner, UK Head of Forensic, Deloitte

Andrew is a Partner in Deloitte’s UK Forensic practice and leads the firm’s Financial Crime team, with over 25 years of Financial Services experience in both consulting and large Global Banking organisations. He has successfully led teams in London, New York, Tokyo and Amsterdam. Andrew combines proven leadership skills with comprehensive Conduct, Compliance, Financial Crime, Offshoring and Finance expertise.


Erik Barnett
Regional Head of Europe and MRLO, HSBC Bank PLC

Erik Barnett is the Money Laundering Reporting Officer and Regional Head of Financial Crime for HSBC Bank plc. In addition to risk stewardship for financial crime and sanctions, his function has responsibility for investigation and financial crime intelligence, among other areas. Prior to HSBC, Erik worked the U.S. Department of Justice and U.S. Department of Homeland Security, working on anti-money laundering, counter-terrorism, human smuggling and trafficking, as well as emerging risks, such as crypto assets. Erik worked in the U.S. Congress and as an adjunct faculty member at law schools of Georgetown University and The George Washington University.


William J Fox
Managing Director - Global Financial Crimes Executive

William J. “Bill” Fox is the Global Financial Crimes executive for Bank of America, responsible for leading the Company’s Financial Crimes Program. Bill has held that position since he joined the Company in 2006. Prior to joining Bank of America, Bill served for eighteen years at the U.S. Treasury, including as Director of the Financial Crimes Enforcement Network from 2003-2006. Bill received a Bachelor of Arts degree in History 1984, and a Juris Doctor degree in 1987 from Creighton University in Omaha, Nebraska. Bill also serves on the Board of Trustees for Creighton.


Did you find this useful?