Roundtable: Combatting Corporate Money Mules
Roundtable
2025-12-03 | 02:10 PM - 02:50 PM (GMT+00:00) London
Information
1. How are banks identifying the behavioural and transactional red flags that distinguish corporate money mule accounts from legitimate activity?
2. What role does enhanced due diligence (EDD) at onboarding play in preventing mule account establishment, and how are banks improving transaction monitoring (TM) to detect suspicious activity that emerges post-onboarding?
3. What challenges do firms face when attempting to freeze, exit, or report suspected mule accounts while managing reputational risk, client relationships, and potential de-banking concerns?
4. How are banks improving communication strategies and awareness initiatives for corporate client to keep them informed about latest threats of money mules and what impact does this have on prevention?
5. What role does culture play in mitigating the threat of insiders who enable money mule operations?
Speakers
Pallavi Kapale
Bank of China
Senior Financial Crime Officer – FIU