Measuring What Matters: Financial Crime, Harm, and Effectiveness

As financial crime frameworks continue to mature, the question is no longer only whether organisations are compliant, but whether their efforts are truly reducing harm. This session will critically examine how financial crime is measured, the role of indexes and risk assessments in shaping policy and practice, and what “effectiveness” should look like in a modern regulatory environment.

Bringing together experts from government, regulatory bodies, industry, and academia, the panel will explore how to better identify and quantify harm, move beyond process-driven compliance, and strengthen outcome-focused strategies. The discussion will also consider emerging approaches to evaluating impact, enhancing accountability, and ensuring that financial crime controls deliver meaningful protection for individuals, institutions, and the broader financial system.