Financial Intelligence Skills Framework

Launching this autumn, the Financial Intelligence Skills Framework (FISF) helps FinCrime professionals record and measure their learning progress across the four core skills crucial for combatting FinCrime threats. The FISF is reflective of the modern FinCrime environment and is a hybrid of skills that reflect the hybrid threats FinCrime professionals face. These threats include increasingly competent criminals, state actors and proxies, and advances in technology, all of which are placing greater demands on FinCrime professionals and their organisations to demonstrate regulatory compliance and evidence of a competitive edge over the threats. The FISF helps:

1: Individuals baseline their skills, identify gaps in knowledge, and demonstrate progress in their professional development.

2: Managers map the skills of their staff, support performance assessments and setting of objectives, and identify staff with specific expertise for surges of activity or situations.

3: Organisations evidence commitment to the professional development of their staff to regulators, industry, and customers.

Once embedded within an organisation the FISF process enhances communication with FATF-Style Regional Bodies (FSRBs) and other regulatory entities through its auditable process and outputs. Where appropriate the FISF references Financial Action Task Force (FATF) Recommendations and Immediate Outcomes, helping to demonstrate the ‘golden thread’ of rigour and professionalism from individuals to their organisations to country-level analyses. For information in advance of launch please contact: enquiry@atlas-analytics.co.uk