Welcome to our latest edition of the 1LoD Round-Up

Inside you'll find:

• Key information and updates regarding our upcoming events
• Explore the key takeaways and valuable insights from our most recent events and reports
• The opportunity to get better acquainted with our team members

Latest Insights

The Financial Crime Summit - London 2024

Relive the highlights of The Financial Crime Summit - London 2024 and see if you can spot yourself! We would like to thank all who participated in the video. Many thanks to Bobbin Productions for producing this video 📽️

Watch the full video

Financial Crime Prevention: Making the Most of Generative AI

Senior Financial Crime Leaders discussed the practical uses and great potential of Generative Artificial Intelligence - or GenAI - in the banking sector when they gathered for 1LoD’s Financial Crime Leaders’ Network in London. Bankers described the benefits and problems they have encountered when using GenAI to save time and cost.

Read the full report

Navigating the Complexities of Modern Financial Crime Prevention

One of the main themes at The Financial Crime Summit – London was implementing robust financial crime risk management to keep up with evolving illicit activity and more sophisticated criminals. While technology plays an essential role in modernising financial crime prevention, it is crucial not to overlook the value of traditional risk management practices.

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The Billion Dollar Data Reckoning Question How Can Your Trade Surveillance Team Avoid The Next 9-Figure Fine

For financial institutions today, trade surveillance has evolved beyond just meeting regulatory checklists - it’s a fundamental test of data integrity that demands a re-engineering of entire data management and governance frameworks. With regulators levying existential fines for incomplete or flawed data, every transaction, venue, and product must be accounted for with precision.

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Strengthening Financial Crime Controls Navigating Transparency, Dynamic Due Diligence, and Geopolitical Risk

1LoD’s Financial Crime Leaders’ Network in New York brought together Managing Directors from leading financial institutions and welcomed James Martinelli, Acting Associate Director of the Policy Division, FinCEN to provide a keynote address to initiate the discussion.

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Bridging the Gap Data Ownership, Governance, and Technology Challenges in Modern Surveillance and Compliance

Data ownership – and the need for the business to be responsible for data quality – was one of the top issues for participants in the Surveillance Leaders’ Network (SLN) in New York. 

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Strengthening Non-Financial Risk Management Amid Rising Regulatory Scrutiny and Operational Challenges

Regulators have intensified their scrutiny of financial institutions in response to high-profile market events such as the regional bank crisis, as well as the greater complexity and rapid growth of the firms they cover. Participants at the XLoD Leaders’ Network discussed how this has changed their regulatory experience. 

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Upcoming Events

The Financial Crime Summit - New York, 27 February 2025, in-person event

• The Financial Crime Summit is returning to New York on the 27 February 2025. You can now secure your ticket for The Financial Crime Summit - New York on the 27 February with the Super Early Bird rate.
• Prepare your questions for a keynote interview with Anthony Scaramucci , Former Communications Director, White House & Founder, SkyBridge Capital , who will be interviewed by Dr. Roger Noon , Senior Moderator, 1LoD. Keep an eye out as we will be announcing details of this interview soon.

Culture & Conduct Deep Dive & Report, 18 & 19 March 2025, an annual virtual event & report

• Registration is now open! Join us at the Culture & Conduct Deep Dive to discuss whether culture efforts have become stagnant, the challenges with fostering a positive culture, the use of technology to promote healthy cultures, managing culture and conduct across the 3 lines of defence, benchmarking non-financial misconduct and what we can learn from other highly regulated industries.
• Uncover how senior practitioners, the regulators and leaders in other industries are tackling pressing issues at the Culture & Conduct Deep Dive.

XLoD Global - Singapore, 24 September 2025, in-person event

• XLoD Global - Singapore is APAC’s first event bringing together for the first time over 300 executives managing non-financial risks across the 3 lines of defence including, COOs, Heads of 1st Line Risk & Control, Chief Risk Officers, Chief Compliance Officers, and Heads of Internal Audit at the region’s largest banks.
• You can register your interest now to be the first to receive updates, including when the Super Early Bird rate goes live.

Meet the Team: Krupa Mehta, Account Manager, 1LoD

Meet Krupa Mehta , Account Manager at 1LoD, responsible for financial institution delegates. Prior to joining 1LoD, Krupa completed her undergrad in International Relations (University of Nottingham) and her master’s in International Security (UCL). After her education she worked in the Civil Service for a while before joining 1LoD.

Q&A

1. If you could holiday anywhere in the world, where would it be?

Ticking off Zanzibar from the bucket list, next stop is Bahamas.

2. What does everyone else seem to like that you can't stand?

Ketchup

3. What's the best way to spend an hour?

Swimming, spa, or sleep

4. What is one rule you live by?

Do your best, leave the rest

The 2024 Surveillance Benchmarking Survey & Report

1LoD has released the much-anticipated 2024 Surveillance Benchmarking Survey & Report.

This groundbreaking study, building on the foundation laid by its 2020 predecessor, brings to light the rapid advancements and critical shifts in the landscape of market abuse surveillance. The comprehensive survey, enriched by insights from over 30 leading global banks, presents a forward-looking analysis that benchmarks current practices and sets the stage for the future of trade, e-comms, and voice surveillance in financial institutions.

About The 2024 Surveillance Benchmarking Survey & Report

Crafted in collaboration with 1LoD’s Surveillance Leaders’ Network, this survey reflects thousands of conversations and consultations with the industry’s top surveillance leaders. It serves as an essential benchmarking tool for financial institutions worldwide, enabling them to gauge their surveillance practices against peers and navigate the evolving regulatory and technological landscape. The report has been compiled with insights provided by 30 banks. 74% of the banks who participated in the survey surveil a population of 1000+. 

Learn more about The 2024 Surveillance Benchmarking Survey & Report

For more information about our events, reports, and the team, visit the 1LoD website, and make sure to subscribe to our newsletter to get the latest insights.