Financial crime prevention - an unexpected ESG ally

As financial services firms are increasingly seeking ways to show how they have integrated Environmental, Social, and Corporate Governance (ESG) into their strategies and objectives, Mario Menz explains how a strong financial crime function not only helps firms meet legal and regulatory obligations but also showcases a strong commitment to ESG goals.

Mario Menz (mario.menz@hotmail.co.uk) is Global Head of Risk & Compliance at BVNK, and an advisory board member at the Institute of Money Laundering Prevention Officers (www.imlpo.com).

As financial services firms are increasingly seeking ways to show how they have integrated Environmental, Social, and Corporate Governance (ESG) into their strategies and objectives, Mario Menz explains how a strong financial crime function not only helps firms meet legal and regulatory obligations but also showcases a strong commitment to ESG goals.