揭露金融犯罪的真实代价.pdf

2018 SURVEY REPORT Revealing the true cost of financial crime Whats hiding in the shadows?Uncover risk. Take action. Using trusted answers from Thomson Reuters. Thomson Reuters World-Check Highly structured quality risk intelligence from a trusted global brand, committed to help business fight financial crime. risk.tr/worldcheck S066320/4-18For those forced into slave labor by criminals infiltrating supply chains, or the victims of sex trafficking gangs who launder their profits through the financial system, the cost is catastrophic. For others, it is wrongly seen as a victimless crime, only impacting big businesses, and even having benefits for some such as cheaper goods. Organizations are paying a heavy financial cost, collectively spending billions trying to prevent financial crime, yet they are seeing ever greater amounts disappear from their businesses as a result of money laundering, fraud, theft and corruption. At a national level, revenues lost through financial crime mean governments collect less tax revenues and fewer schools and hospitals are built, causing disarray due to the criminal and terrorist activities it funds. At Thomson Reuters we are committed to uncovering the true scale of the challenge to raise awareness and create the data and coalitions that will increase our ability to fight financial crime together, more effectively around the world. To this end, we have commissioned an independent survey of over 2,300 senior executives in large companies, across 19 countries, to identify the true cost of the problem. We also conducted interviews with leading NGOs (Education Endowment Foundation, Transparency International UK, Walk Free Foundation) and the European Unions law enforcement agency to reveal the wider economic, social and human impact. Finally, we identified ways in which business, governments and Thomson Reuters are working together to lead the fight against financial crime. Revealing the true cost of financial crime Phil Cotter Managing Director, Risk, Thomson Reuters INTRODUCTION Financial crime is multi-faceted, multi-national and very often invisible, making it hard to identify, measure and combat. Its impact is felt in many ways. Join the conversation: #FightFinancialCrime REVEALING THE TRUE COST OF FINANCIAL CRIME 3What is financial crime? The usual focus of financial crime is on the illicit money flows from crimes such as money laundering, bribery and corruption that support human abuses including modern slavery, drug trafficking and prostitution. For the purpose of this report we have taken a wide definition covering all financial crimes, which goes beyond those with which Thomson Reuters is traditionally involved, to provide as complete a picture as possible on the social and financial impact: About this survey This report is based on research commissioned by Thomson Reuters that was conducted online by an independent third party in March 2018. A total of 2,373 senior managers at large global organizations completed the survey. 2,373 RESPONDENTS $17.4BN AVERAGE ANNUAL TURNOVER 19 COUNTRIES 100% SENIOR MANAGEMENT/ C SUITE This research was conducted across 19 countries, but the research shows that the survey respondents are global. Weighting was applied to each country to ensure each was equally represented. Please note that the standard convention for rounding has been applied, and consequently some totals do not add up to 100%. The country-specific breakdown of companies surveyed is as follows: USA 240 Canada 120 China 120 India 120 Singapore 117 Australia 119 UK 120 Germany 120 The Netherlands 109 Spain 120 France 120 Russia 120 Poland 120 UAE 119 Saudi Arabia 120 South Africa 123 Nigeria 107 Brazil 119 Mexico 120 OF ANNUAL TURNOVER COMBATING FINANCIAL CRIME 3.1% RESPONDENTS SPEND ON AVERAGE 1 2 3 4 5 6 Fraud Money laundering Theft Bribery & corruption Cybercrime Slavery/human trafficking 4 REVEALING THE TRUE COST OF FINANCIAL CRIME47% HAVE BEEN A VICTIM OF FINANCIAL CRIME OVER THE LAST 12 MONTHS 2,373 OUT OF RESPONDENTS Highlights from the report The scale of the challenge It is too easy for perpetrators to slip through the net. of survey respondents have never screened their third party vendors, suppliers or partners. 41% of all detected financial crime is reported internally and, for the most part, reported externally. 59% of organizations have dealt with over 10,000 third party vendors, suppliers or partners during the last 12 months. 9% Fighting back Working together is vital to winning the war against financial crime. of annual turnover is spent combating financial crime, representing an aggregate of $1.28 trillion for organizations surveyed. 3. 1 % of companies are supportive of more initiatives to tackle financial crime, sharing intelligence being the most important. 94% Measuring the impact The cost is high for companies, governments and individuals. is the estimated aggregate lost turnover as a result of financial crimes, according to the organizations we surveyed around the world, representing 3.5% of their global turnover. $1.45 TRILLION people are victims of modern day slavery according to the Global Estimates of Modern Slavery (ILO and Walk Free Foundation). 40 .3 MILLION REVEALING THE TRUE COST OF FINANCIAL CRIME 5“Forced prostitution, child slavery, drug trafficking and numerous environmental crimes are all made possible by our inability to disrupt and dismantle the crime networks that attack weaknesses in the international financial system every year.” Phil Cotter Managing Director, Risk, Thomson Reuters 40.3 MILLION PEOPLE ARE VICTIMS OF MODERN DAY SLAVERY ILO AND WALK FREE FOUNDATION SOURCE REVEALING THE TRUE COST OF FINANCIAL CRIME 6