Che Sidanius role is to manage how regulatory changes around financial crime that affect Refinitiv and the industry. As a leading source of intelligent information for the world’s businesses and professionals, Refinitiv provides customers with competitive advantage and intelligent information is a unique synthesis of human intelligence, industry expertise and innovative technology that provides decision-makers with the knowledge to act, enabling them to make better decisions faster.
Che’s responsibilities include proposing courses of action to address regulatory changes and drive execution throughout the organizations. He also act as the Secretariat for the Coalition to Fight Financial Crime founded by Europol, Refinitiv and the World Economic Forum. His previous experiences include working at Big 4 consultancies within Capital Markets Advisory, as a Senior Advisor at the Bank of England, and a Senior Examiner at the Federal Reserve Bank of New York during the 2007-09 financial crisis.
11/02/2020 / 15:30 - 15:50
With the increasing complexity of Fintech companies and attention by both policymakers and law enforcement, there’s an urgent need for companies to focus their efforts on being aware of their AML controls and potential third-party risk exposure.Not only has the Financial Action Taskforce, the global standard-setting body, put Fintechs and cryptos in particular, in focus but there’s a growing awareness, whether real or not, that this sector exposes the financial sector with risks related to fraud and money laundering.The challenge for both the private and public sector is to move beyond the siloed approach and truly embrace a more collaborative framework to ensure that both innovations are encouraged while protecting the integrity of the Fintech sector.Both the G20 and the EU Taskforce on AML has put a spotlight on these issues which will require not only awareness of the business implications but also to educate law enforcement and policymakers. Unlike banks who have more resources at their disposal, Fintech needs to balance an innovative approach while pursuing a proportional approach to prudent risk management.