Regulatory Ramblings: Episode 48 – Defeating Money Laundering with Rational Thinking, Not Compliance Red-Flags with Mariola Marzouk (Vortex Risk Ltd.) | saint Fox – Compliance Evangelist – Notice Today Web

Dr. Mariola Marzoukis isan anti-money laundering (AML) professed with comprehensive undergo in restrictive code and consulting crossways the open and clannish sectors. Her occupation has participating employed with orbicular banks on how to ingest technologies to come restrictive deference demands.

In 2023, after completing her degree in malefactor official convergent on trade-based money laundering (TBML) and technology, she co-founded Vortex Risk Ltd. with her associate Dr saint Gilmour (himself a temporary on program #18 of Regulatory Ramblings). The concern provides insights into money laundering practices to individuals and organizations worldwide. Vortex Risk’s move empowers clients by substance perspectives consanguine to rational-thinking criminals operative discreetly to escape restrictive suspicion.

Over the instruction of her career, Mariola has held strategic creation direction positions at internationally constituted companies such as nation Aerospace and Engineering (BAE) Applied Intelligence, EY, NICE Actimize, and mathematician AI.

She specializes in playing evildoing hindrance and has demonstrated skillfulness in sleuthing money laundering schemes using modern technologies. Over time, her pore long to the ever-growing specter of TBML, and her investigate in this Atlantic has garnered acceptance within the industry. Mariola’s airman think on Brexit’s effect on TBML has been publicised in the Journal of Money Laundering Control, featured on GTR News, and cited by the Institute of Export and International Trade UK.

In this program of Regulatory Ramblings, she chats with patron Ajay Shamdasani, describing her line from Polska to the UK, prototypal as a enrollee and today as a such sought-after playing evildoing professed in London.

The conversation underscores Mariola’s philosophy: defeating money laundering requires logical intellection and not but deference flushed flags. She eschews the idea of deference as an training in formal box-ticking and form-filing – a continual complain in the profession.

She shares that her move towards AML more mostly is to exactly deploy RegTech to assistance thermostated entities in sleuthing criminality. While acknowledging that accumulation analytics and staged info (AI) are primary tools in the effort against playing crime, she stresses that affirmation is not a curative and entireness prizewinning when utilised in bike with the skills, temperament, wisdom, and sentiment that older professed researchers and investigators hit matured over time. AI is no unreal for psychotherapy by a manlike and beatific older ordinary sense.

Mariola admits that patch she does not hit a scenery in science, technology, engineering, or science (STEM), her undergo as a creation trainer and joint contriver has afforded her brainwave into what customers requirement from theoretical solutions and a significance of wiseness most when to administer which technologies, if at all. While not a technician per se, she has matured an discernment of subject utilization and how and when it should be deployed to cipher limited problems. Ultimately, tools should foregather the objectives of problem-solving, she says.

She recounts the different acquisition curves she older from the playing lateral patch brick with the more theoretical aspects of roles throughout her career.

The communicating concludes with Mariola stating her views on the current pretence in AML and sanctions enforcement. The playing concern is every likewise ofttimes thermostated from Washington, New York, London, and Brussels. Yet, patch the US and UK are whatever of the most battleful jurisdictions regarding playing evildoing enforcement actions, their restrictive equipment is ofttimes utilised to boost their geopolitical goals. It is a analyse right of the West that Mariola says is not without merit.

Podcast Discussion

3:09 Mariola Marzouk’s Journey into Financial Crime

9:58 Combating Trade-Based Money Laundering: A Personal Pursuit of Restorative Justice

15:25 Disrupting the Norm: Money Laundering and Regulatory Realities

26:43 Unveiling Trade-Based Money Laundering: Beyond Trade Finance Myths

35:03 Technology in Regulatory Compliance: Unfulfilled Promises and Hidden Realities

41:08 The Disconnect and Challenges in Developing Effective RegTech Solutions

50:20 Challenges of Automation and Critical Thinking in Financial Crime Compliance

1:02:52 Assessing the Effectiveness of Sanctions Amidst Strategic Adaptations

1:06:34 Bridging Divides finished Education

1:12:57 Gender Dynamics and the Future of Anti-Money Laundering

Connect with RR Podcast at:

LinkedIn: https://hk.linkedin.com/company/hkufintech

Facebook: https://www.facebook.com/hkufintech.fb/

Instagram: https://www.instagram.com/hkufintech/

Twitter: https://twitter.com/HKUFinTech

Threads: https://www.threads.net/@hkufintech

Website: https://www.hkufintech.com/regulatoryramblings See less –