Financial Crime in the AI Era: Regulation, Risk & Accountability

Introduction

Financial crime is no longer simply about suspicious transactions and weak internal controls. Deepfake technology, voice cloning, synthetic identities, and AI-driven phishing campaigns are now reshaping the fraud landscape at speed and scale.

At the same time, UK legislation is tightening. The Economic Crime and Corporate Transparency Act 2023, failure to prevent fraud offence, and increasing regulatory scrutiny from the FCA signal a new era of executive accountability.

This practical and interactive session examines how AI is transforming financial crime risk, what the UK legal response means for firms and senior managers, and how organisations should be adapting their compliance frameworks now.

What You Will Learn

This live and interactive session will cover the following:

• Understand how AI is accelerating fraud techniques including synthetic ID creation, deepfake impersonation, and hyper-targeted phishing
• Assess the impact of the Economic Crime and Corporate Transparency Act 2023, including the failure to prevent fraud offence
• Examine the implications of the draft Crime and Policing Bill 2025 for corporate and executive liability
• Explore why the Online Safety Act 2023 has indirect but important consequences for financial services firms
• Analyse FCA expectations regarding innovation, AI governance, and internal controls
• Identify legal grey areas around algorithmic bias, false positives, missed scams, and evidential reliability
• Consider practical steps to build a fraud-aware culture that blends governance, training, and responsible AI use
• Develop a structured framework for mitigating AI-driven financial crime risk

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.