Financial crime is no longer just a compliance issue, it is a test of economic resilience, consumer trust and national security. It is a threat businesses need to take seriously, ensuring the right governance and oversight is in place, avoiding siloed approaches to ensuring finance teams identify risks.

The scale and complexity of the threat continue to grow. The Office for National Statistics estimated around 4.2 million fraud incidents in the year ending March 2025, a 31% increase on the previous year.

Fraud, money laundering, scams and crypto-enabled crime are increasingly interconnected, exposing weaknesses not just within individual companies but across the financial system as a whole.