Across the field of Know Your Customer (KYC) compliance, change is the only constant. As technology advances and the world becomes increasingly connected, the need for robust and reliable KYC measures has become more critical than ever.

Throughout 2022, there was a 50% increase in global anti-money laundering (AML) penalties, totalling almost £4.1 billion due to the reporting of 3,495 AML events, with many firms committing repeat infractions, particularly in the UK and the US. 

In the next instalment of Wired-In, Corinna Venturi, Director of Financial Crime at Cosegic, will assess best practice compliance and provide insight to create and run an effective KYC programme.

Corinna will uncover the following: 

 

 

Corinna has worked in both the financial and professional services industries since 1996, first in front-line services and then moving into financial crime prevention in 2007. Corinna leads the Financial Crime Team at Cosegic, as well as running her own business, Coventium. Corinna is focused on supporting her clients by providing them with expert advice, assurance on their systems and controls, remediation and training.
 
Corinna joined Cosegic in 2022 and has been a financial crime consultant since 2017. Prior to that, she was the Money Laundering Reporting Officer and Head of Compliance for the UK arm of one of the world’s largest Trust and Corporate Services Providers.
 
After deciding to pivot her career from client relationship management to financial crime prevention in 2007, Corinna completed the International Compliance Association’s Diploma in Anti-Money Laundering whilst simultaneously tackling her first MLRO role. Then in 2012, she became a Fellow of the ICA.