Cryptocurrency and digital assets: Is financial crime under control?

Financial crimes continue to be a widespread issue for the financial services industry, and with the meteoric rise of digital assets, they have received even more focus. Based on the pervasiveness of undetected money laundering, terrorist financing, sanctions evasion and fraud within traditional financial services markets, most financial crime is likely undetected through digital assets. With the pressure further introduced by the “Crypto Winter,” there is increased vulnerability to fraud and other attacks.

How can firms continue to protect their business from bad actors in an environment where increased volume and diversity of activity, developing regulatory expectation, and a shortage of skilled resources introduces unprecedented strain?

Join us as we bring together a team of EY leaders who will provide insights into the following areas:

• A brief overview of the pervasiveness and scale of financial crime — why this topic is important
• Financial crime risks for digital assets — how they are vulnerable and why
• How firms and regulators are managing financial crime risks for cryptocurrency and digital assets
• What the future holds for financial crime 

Moderator:

• Mike Cyran, Americas Financial Services Assurance Partner, Ernst & Young LLP 

Speakers:

• Steve Beattie, Financial Crime Consulting and Crypto Risk Leader, Ernst & Young LLP 
• Keith Andrzejewski, Principal, Financial Crimes Technology, Ernst & Young LLP 
• Kristina Sanger, Principal, Financial Crimes Compliance, Ernst & Young LLP 
• Christopher Dillon, Managing Director, Financial Crimes Compliance, Ernst & Young LLP