
What are the risks — and rewards — of new work models?
New work models will impact organisations’ risk profiles. How they respond will determine which companies unlock the full potential of this opportunity.
Illicit proceeds from criminal activity are estimated to account for 2-5% of global GDP (around $2 trillion USD), yet less than 1% is ever seized or frozen by law enforcement agencies – the current anti money laundering regime is not fit to combat a crisis of this scale. As such, the coalition presents a concerted and collaborative effort to address the societal costs and risks that financial crime poses to the integrity of the global financial system through five key objectives:
Approach:
The coalition has been designed using a multifaceted approach to ensure the success of its objectives:
The coalition meets in-person and on a semi-annual basis. However, also facilitates forums/calls between members and partners for more regular information sharing updates. For more information, please visit: https://www.gcffc.org/
New work models will impact organisations’ risk profiles. How they respond will determine which companies unlock the full potential of this opportunity.
With incentives to tackle cyber threats and digital resilience concerns, G7 nations agreed to share their expertise to prevent and mitigate cyber risks.