Building a better Deutsche Bank

The banking and financial sector is undergoing sweeping changes. As a leading global bank with roots in Germany, we’ve taken a good look at our business and have a sound strategy for the future. As a part of  our Strategy, we’re making significant investments in digital technology, infrastructure and regulatory compliance to make us more efficient, more resilient, and less complex. As importantly, we’re reducing our products and services into a clear, universal offering. We believe in doing what is right – not just what is allowed we want to be a better-run bank. One where you could grow and develop.


Find all Job opportunities 


“It’s about opportunity. Discover a stimulating, entrepreneurial environment where you can drive change and progress.”

Till Staffeldt Global COO Regulation, Compliance and Anti-Financial Crime (CRegO)

What are Regulatory Affairs, Compliance or Anti-Financial Crime about?

Banking today is more complex than ever before: increased regulation and political scrutiny mean that banks have to adjust to a new environment that keeps evolving. Deutsche Bank’s Regulatory Affairs, Compliance and Anti-Financial Crime teams shape the bank’s response to the increased regulatory requirements, and help protect the integrity and reputation of Deutsche Bank. They help to avoid unintentional breaches of rules, laws and regulations, as well as conflicts of interest. At the same time, they also advise the bank on ethical conduct and governance issues and keep the organisation up to date on regulatory and political challenges.

  • This is Regulatory Affairs
    Regulatory Affairs covers all aspects of regulatory policy

    As a global bank, we need to be aware of and engaged in political and regulatory decisions. This is fundamental to understanding wider political developments and the evolution of the regulatory environment. The Regulatory Affairs department keeps the bank’s senior management updated on current regulatory developments. It also builds Deutsche Bank’s profile in regulatory policy debates by engaging constructively with regulatory and political stakeholders.

    The department delivers regulatory perspective to strategic decision-making and provides oversight and control over the implementation of key regulatory initiatives.

  • This is Compliance
    At Deutsche Bank, good compliance is everybody’s responsibility

    High standards of individual behavior and business conduct are critical to increasing client’s and the public’s trust in us. Working closely with all divisions of the bank, Compliance professionals ensure that our programme is globally effective and locally anchored. As an independent and robust control function, the department supports good compliance practice, manages compliance risk, prevents violations of applicable laws, rules and principals, and deepens our culture of compliance.

  • This is Anti-Financial Crime (AFC)
    AFC is tasked with preventing, detecting and reporting financial crime risks across the bank

    Our AFC team protects the bank from financial and reputational losses incurred by financial crimes by assessing, controlling and mitigating risks. Risk types related to Anti-Financial Crime are consolidated in a comprehensive and effective risk management framework. This framework covers Anti-Money-Laundering, Sanctions and Embargoes, Anti-Bribery and Corruption as well as Anti-Fraud and Investigations. The team's priority is to minimize the possibility of Deutsche Bank being misused by criminals to carry out their unlawful activities. By achieving this, we help to combat financial crime and fulfil our duties as good corporate citizens.

It’s about Challenges & Chances


“Deutsche Bank provides a huge opportunity to learn new things at all levels. Be open-minded as there is always scope for development and career progression. Allow yourself time to take in the potential changes in a dynamic environment and benefit from the experience of individuals around you.”

Jermaine, Compliance Team, Birmingham

It’s about People

  • Joris Schrama
    “Responsibility means to me: Take ownership of the tasks assigned to you.”

    About Joris

    People with many different backgrounds work for Deutsche Bank throughout the world. Joris, for example, earned his master’s degree in business administration at the VU University Amsterdam and specialized in finance and financial management. Today, he is part of the Regulatory Affairs team in Frankfurt and focusses on Legal Entity Management. Prior to Frankfurt, he worked for Deutsche Bank’s Chief Financial Officer of the Netherlands. He has been with Deutsche Bank for almost eight years now. What does Joris do when he leaves the office? He runs, dives, cooks, enjoys good wine and loves reading books.

    Could you give us an overview of what you and your unit do?

    My unit’s business is diverse. The Regulation, Compliance & Anti-Financial-Crime unit protects the integrity and reputation of the bank. Amongst others, it deals with the political impacts on the financial sector after the financial crisis on a day to day basis. My team is, for example, in charge of a project in the United States which needs to deliver one of the six capabilities of Deutsche’s Resolution Plan until summer 2018. I am also focussing on the final phase of Deutsche’s footprint rationalization programme. This includes the liquidation of legal entities in countries the bank has decided to exit. Additionally, we are often involved in the bank’s strategic projects, such as the establishment of a distinct legal entity structure for DWS in preparation of the planned partial IPO.

    What does responsibility mean to you?

    Responsibility means to me: Take ownership of the tasks assigned to you, be proactive when it comes to driving topics to conclusion and, last but not least, speak up if you have concerns.

    What makes Deutsche Bank a great place to work?

    Deutsche Bank is an important global bank which gives you the chance to work in different countries, if you want to. I took this chance and was employed in two countries for the bank until now. It is both challenging and interesting to work on projects and in virtual teams with colleagues from our global network. Deutsche Bank is a great environment to be part of.

    What is work like within your team?

    We have a lot of specialists with various backgrounds in the unit. Nevertheless, we all are committed to deliver our best for the bank and make our organization simpler, stronger and more profitable – in a constantly changing regulatory landscape. Thus, cooperation, communication and interpersonal relationships are essential for our success especially as we often manage projects with other departments, too.

    What particularly do you appreciate at Deutsche Bank as employer?

    Let me break it down to two words: encouragement and support. I joined the Regulation, Compliance & Anti-Financial-Crime unit earlier this year after having worked for Deutsche Bank in the Netherlands before. My former manager was very encouraging and helped me make my next career step. My new manager was very keen on getting me on board quickly. He assisted me in a great way moving to Germany and getting settled in the new team in a new country.

    Your personal advice to potential candidates?

    If you are thinking of working in this department, you should like to work diligently in a changing environment and be interested in how the banking landscape evolves. It is always good to focus one eye on the details and the other on the big picture. Interested? Then feel free to contact me or my colleagues.

  • Joana Neumann
    “A dynamic environment offering interesting challenges”

    About Joana

    Joana earned a law degree at Passau University and a Master of Mediation degree at Fern Universität Hagen, both in Germany. From 2007 to 2014, she worked as a Counsel for Succession and Trust Management in the Private, Wealth & Commercial Clients division at Deutsche Bank in Munich. In 2015, she joined the Compliance department in Frankfurt as a member of the Consumer Protection (Banking) Compliance team.
    In her spare time she practices yoga, likes to surf and enjoys playing soccer with her four-year old son. She also likes to hike, exploring the surroundings of Frankfurt and Aschaffenburg. Spending time with her family is very important to her because it grounds her and gives her life more balance.

    What is special about your work in Compliance?

    It is a dynamic environment offering a variety of interesting challenges. Every day is different. You get the chance to cover a broad spectrum of projects including regulatory implementation projects, ad-hoc questions from business stakeholders, interactions with regulators, Compliance support for new product releases etc. In the Compliance department you meet many curious and open-minded people who are keen to “get to the bottom of things”.

    Could you give us an overview of what you do?

    One focus is providing advice on regulatory implementation projects such as the Payments Accounts Directive, the Insurance Distribution Directive and the General Data Protection Regulation. Equally important is safeguarding a stable and reliable control framework for the implementation of new and existing rules and regulations by setting up and carrying out second-level controls. We also assess new product approvals concerning the introduction of new products and processes, such as e2e account opening and online payment solution paydirekt.

    What makes Deutsche Bank a great place to work?

    You have the chance to actively build your career at your pace and according to your interests. Internal career mobility is being supported, which gives you the opportunity to grow your expertise from a 360 degree angle. And if you want to go the extra mile, there are multiple options where you can take on more responsibility.

    What is the collaboration like within your team?

    We are a diverse and heterogeneous team. Everyone has a different background and story to tell and thus can contribute as a subject matter expert on his/her special topics. Facing new projects and challenges such as digitalization means there is plenty of curiosity and engagement to keep track with upcoming regulatory developments on the horizon. You live and learn.

    Why should people join?

    I started off in Compliance as a ‘career changer’ with no Compliance background at all and was given the opportunity to dig into the subject matter. With every project I covered I gained more and more expertise in various fields. For example, I really got the knack of providing advice in digitalization projects and processes. Now I have a strong sense of what good compliance looks like feel confident when I flip through a visual screen flow for an online customer journey.

    Your personal advice to potential candidates?

    Never be too shy to ask, “Why?” Always be curious and try to get down to the bottom of things. Make up your own mind and challenge the answer given. As Coco Chanel once said: The most courageous act is still to think for yourself. Aloud!

    Joana, Consumer Protection, Compliance Department, Frankfurt/Main.

  • Marc
    “I personally end each working day knowing I’ve done my very best.”

    About Mark

    Deutsche Bank employs people from many different backgrounds. Take Mark, for example. Before we ask him about his experiences in his new job, let’s have a look at his interesting CV. Mark left school in 1995 (GCSE) and followed his dream serving with The Royal Green Jackets within the British Army. He served for five years and was on duty in Bosnia and Northern Ireland on counter terrorist operations. He was awarded the Operational Medal twice for his services. In 2000 he made the transition from the Army to serve with the West Midlands Police Force for 16 years. In November 2016 he started working for Deutsche Bank in a dual role as a team lead in the Financial Crime Investigation (FCI) and as a law enforcement liaison officer for Deutsche Bank UK. In June 2017 Mark became FCI Deputy Head / Head of Anti money laundering Investigations and Governance, playing an important role in functions growth, from 7 full time employees, to 40 full time employees by May 2018. In his private life he is interested in sports. He enjoys watching most sports, including darts, snooker, and his local team Aston Villa. Mark has a partner and two children.

    What is special about your work in Anti-Financial Crime?

    Every day provides exciting opportunities to make a difference by making key decisions that impact not only Deutsche Bank and our stakeholders, but also the economy. Successfully preventing sophisticated individuals and organised gangs who are targeting the bank for the purposes of financial crime is challenging, but very rewarding work. It’s a special feeling knowing you are part of a dedicated team, preventing, detecting and reporting financial crime.

    Could you give us an overview of what you do?

    I’m responsible for many key areas including all Anti-Money Laundering investigations within the UK&I, ensuring each team has the resources, training and support to identify and investigate suspected financial crime. This is challenging work and requires strong partnership and trust. You’re dealing with sensitive information so the bank’s values are key in our world. I believe I have a responsibility to the bank and its stakeholders to ensure both the team and I constantly adapt, stay motivated and continue to be an essential part of the wider AFC global team. I personally end each working day knowing I’ve done my very best, made a positive difference and supported my team in the process.

    What makes Deutsche Bank a great place to work?

    Deutsche Bank provides excellent working conditions with support and guidance available to employees both on a personal and professional level. The commitment from senior management surrounding Compliance, Regulation and AFC demonstrates that we are serious about ‘doing the right thing’.

    What is the collaboration like within your team?

    The collaboration within Financial Crime Investigations, and the wider team across Anti Financial Crime (AFC) flourish ensuring a ‘one team’ culture. Senior managers have developed and are now starting to support this culture and visit the teams in London and Birmingham on a regular basis. Being part of AFC requires an inquisitive mindset and someone who can identify potential criminal activities, whilst having the ability to rationalise, make decisions and record.

    Why should people join?

    There is a real determination from the bank to foster individuals and provide the necessary tools to do the job. The UK FCI commenced in April 2016 and continues to build out and recruit the best talent, offering each team member opportunities to progress from analyst through to management. Regulatory, Compliance and AFC are growth areas, fully supported by senior executives providing opportunities and a prosperous career.

    Your personal advice to potential candidates?

    Do your research to realise what the current risks to the business are. Recognise how criminals could use the financial sector to pursue their illegal activities. Understand the regulators expectations and how you could fit into the bigger picture.

    Marc, Assistant Vice President, Anti-Financial Crime, Birmingham

  • Maria
    “Highly motivated to assume new tasks and responsibilities.”

    About Maria

    Maria studied law at Valladolid University in Spain. After earning her law degree, she worked in a well-known Spanish Law Firm, while she pursued doctoral studies at the university, finishing with a diploma of advanced studies in real estate and registration law.
    Maria has been with Deutsche Bank more than ten years. She is the Head of Anti-Financial Crime for Spain. The unit is mainly concerned with anti-money laundering, transaction monitoring, embargoes & sanctions, anti-bribery and special investigations work. Anti-fraud matters are expected to be added in 2017.
    Outside her professional life, Maria is focused on raising her three children together with her husband and tries to spend as much time with them as possible. This leaves her very little time for hobbies or other activities.

    What is special about your work in AFC?

    AFC is one of the main departments focused on integrity and on ensuring that Deutsche Bank is doing not only what it is permitted by law but doing the right thing. This question could arise when the bank decides whether or not to accept certain clients (for instance, with a negative reputation). Reviewing transactions or approving products/procedures is another part of our work. Our function is to protect the financial system from being misused by criminals, and that is really important not only for the bank but also for the economy in general.

    Could you please briefly describe the tasks and projects you are working on?

    As head of the department, I am acting as coordinator of all the teams and answer the escalation/exemption requests. I am very much involved in advisory work, participating in a large number of local and global projects that are linked to clients or transactions. We also interact with the authorities, such as the police, and the Anti-Money Laundering supervisor when reporting suspicious transactions, and we support the authorities in their investigations.

    What is a typical working day for you?

    Every day is different but, of course, there are a number of issues and tasks we deal with on a daily basis, including collaborating in the Know Your Client approval processes, reviewing the most complex cases of transaction monitoring, coordinating special investigations, engaging with the business to improve the "preventing financial crime" culture and collaborating and advising in different projects through the bank linked to our functions.

    What makes Deutsche Bank a great place to work?

    I have three children and balancing work and family never was a problem – neither in my previous job in the Legal department at Deutsche Bank nor now in AFC.

    What is the collaboration like within your team?

    We are highly motivated to assume new tasks and responsibilities. Our environment is really challenging at this moment, with senior management – including at global level – really focused on the relevance of AFC as a control function. We are also quite a young team, not only in terms of the team itself, which formed in April 2016, but also in terms of the age of the people working in the team. As of today, the oldest employee is 46.

    Why should people join?

    I worked in Legal for more than six years and have now been part of AFC for more than three years. When I moved from Legal to AFC, I had the strong support of my managers in Legal to assume the new responsibility. With AFC being a new department that assumes new functions and creates new procedures and responsibilities, the environment is really motivated, because you feel that you are contributing to creating something that is really necessary and good for the bank.

    Your personal advice to potential candidates?

    Take the opportunity to improve your abilities in an area where demand is high and where Deutsche Bank stands out with a really deep vision. We are contributing to creating and developing a new function with the strongest support of senior management.

    Maria, Head of Anti-Financial Crime, Spain

  • Todd
    “No matter what you want to do you can find it in Compliance and AFC.”

    About Todd

    Todd has a Bachelor of Arts from Fordham University and a Juris Doctor from Texas A&M University School of Law. He started working in Compliance with a small broker in Dallas while still attending law school, and later moved to UBS before joining Deutsche Bank in 2012. He relocated to Jacksonville as the Compliance Officer for the local Corporate Investment Bank platform. After three productive and impactful years in Jacksonville, he was offered the opportunity to become part of the broader Markets-Fixed Income team in New York. When his manager transferred into a different role in July 2016, Todd was offered the opportunity to manage the team. In 2017, Todd spent 5 months on assignment in London where he assumed responsibility for global coordination of Treasury and Benchmark Compliance in addition to his role managing the US Rates and Municipals Compliance team. “It’s another new opportunity and another reason I love being at this Bank. There are so many diverse opportunities within Compliance and it’s really allowed me to take my career in directions that 6 years ago I could not have imagined."

    Outside of his job, Todd likes spending time with his wife and two children. He enjoys reading, both for himself and with his kids. Todd and his family are avid Disney-philes and go to Disney World a couple times a year.

    What is special about your work in Compliance?

    The Business Line Compliance unit is very special. The group provides guidance to the business on their day to day activities to ensure they are operating in line with regulation while still generating revenue. We also work on bank-wide projects and initiatives. As we sit on the trading floor our partnership permits a strong, regular dialogue to advise the business every day helping to serve the goal of making Compliance an integral part of their business model.

    Could you give us an overview of what you do?

    The thing I like most about my job is that there is no typical day. I have meetings that I regularly attend but the questions and issues that arise from the business day in and day out are never the same and they keep me on my toes and engaged. In terms of projects, a couple of the larger things that my team and I are working on is the global framework for treasury and benchmark compliance generally as well as the Global Antitrust Compliance initiative, which is seeking to build a robust antitrust framework for the Bank and incorporate it into the Non-Financial Risk Management Framework and, of course the Market Conduct Remediation programme which is the bank’s response to the FX Consent Order.

    What makes Deutsche Bank a great place to work?

    One thing I appreciate is the global footprint. I’ve had the opportunity to spend time in London and to travel to Frankfurt as well. I really enjoy getting to work regularly with colleagues in other regions on new regulations and areas of impact to the business and to Compliance. I also received an amazing amount of support from my management in Jacksonville, New York and London. They have all provided me with opportunities for growth and ways for me to make a positive impact on the bank. Management in Compliance have been very supportive of my move from Jacksonville to New York and my assignment to London. Compliance management as a whole has been very engaged in helping me develop my career and get to where I am today

    What is the collaboration like within your team?

    The work is interesting and the unit is full of quality people who are dedicated to their work and aren’t afraid to ask lots of questions. There’s a good level of collaboration but as with anywhere, it could always improve. It’s so important to remember that we are one Compliance team and one bank and work together towards common goals. Engagement and collaboration is something that I really try to strive for. The standard that I set for myself and my team is to be the first to volunteer to contribute, the first to deliver, and to never ask anything of one another that we would not be willing to do ourselves.

    How were you supported in your continued professional development?

    I can’t say enough about the level of support I’ve received from my direct manager and from Compliance management as a whole in my career development. I’ve been extremely fortunate in having worked for a manager my whole time at the bank who stays engaged with me and my goals and actively seeks to offer me the opportunity to develop, both in pursuing those goals and in ways that I may not have anticipated.

    What are the career prospects offered by Compliance?

    I think that the career prospects for someone new to the unit really depend on the person and their own particular set of interests. The compelling thing about Compliance, and also Anti-Financial Crime (AFC), is that there is literally something in these areas that fits with everyone’s personality and skill set. There’s also a terrific management structure that is interested in finding, developing and investing in good candidates of all backgrounds. It makes for an extremely engaging atmosphere and no matter what you want to do you can find it in Compliance or AFC.

    Your personal advice to potential candidates?

    Don’t be afraid to get dirty and do the work that no one else wants to do. The work can be hard at times but there’s an opportunity to learn so much that way. Be the first to volunteer, be the person that your manager and management knows will be the first to deliver, first time, every time. When you develop a reputation as the “go-to” person I really believe that in Compliance and AFC, people who work hard and prove themselves to be reliable and produce quality work are recognized and rewarded.

  • Ross
    “Be confident, be yourself and don’t be afraid to take chances to realise your potential.”

    About Ross

    Ross has a degree in international business and spent eight years with Barclays Bank in the UK before joining Deutsche Bank in October 2015. Before that he worked in Spain and China. He now works as a member of the Global Sanctions and Embargoes Advisory team in Germany.

    Though the process of moving his family and house to a new country was quite stressful, Ross explains he had plenty of help from his new colleagues who were extremely welcoming. In his spare time, he likes to socialise with friends, enjoys reading fiction and loves to travel. He is also a keen swimmer.

    What value can you add personally in your unit?

    I think the biggest value I was able to bring to the team was my previous experience working in the sanctions unit at Barclays, combined with an interest in teaching and training. Before changing careers to work in banking, I was an English teacher in Spain and China. This experience has helped me considerably in my current role, where I am leading the Sanctions training workstream as part of the Sanctions and Embargoes Transformation project.

    Could you give us an overview of what you do?

    I lead training and communication projects for sanctions. We are currently changing our target operating model for sanctions screening, and part of this involves hiring a lot of new members of staff to carry out sanctions screening in several locations. A typical day involves creating documentation and training material as well as liaising with colleagues in order to plan training delivery.

    What makes Deutsche Bank a great place to work?

    It is a large global company with a variety of interesting roles, but I would say that what I have appreciated the most about working here are the people I work with. I have met so many nice and interesting people from different backgrounds.

    What is the collaboration like within your team?

    I would say that within the Sanctions and Embargoes team we collaborate very well. The work is very challenging and, at times, stressful. However, there is a real team spirit here and colleagues support each other.

    Which special knowledge and skills are required in the Regulation, Compliance & AFC unit?

    Prior experience in an Anti-Financial Crime subject is extremely beneficial. In Sanctions and Embargoes I would say that the ability and confidence to make an informed decision in a timely manner is probably the most important attribute.

    How were you supported in your continued professional development?

    There are lots of opportunities for advancement within this area and I feel supported in my professional development. In the past year I‘ve asked for and taken part in an external training session provided by ACAMS as well as several language courses in order to improve my German.

    Your personal advice to potential candidates?

    Be confident, be yourself and don’t be afraid to take chances to realise your potential.

  • Jermaine
    “There is always space to learn in an ever changing banking environment”

    About Jermaine

    Jermaine joined Deutsche Bank in 2011 starting his career in Credit Sales middle office covering Credit derivatives for 2 years, then he moved in to a Project Management position in HR before moving in to Compliance Surveillance team in 2015. Before joining the bank, he worked as a mortgage consultant at the Royal Bank of Scotland for nine years.

    Jermaine likes variety in his spare time. He works out at the local gym and also does some road running to keep in shape. He is passionate about music and enjoys working in the garden once in a while, enhancing his green finger skills in his own small veggie patch at the back of his garden.

    What is special about your work in Compliance?

    Compliance is a division showing dynamic growth which plays a huge role ensuring that the bank is following regulatory guidelines – and that the relevant controls are in place to reduce risk whilst allowing the business to function. With a variety of different teams there is always space to learn in an ever changing banking environment.
    I work in the Information Barrier Surveillance team (IB) which is responsible for monitoring the flow of price sensitive/material non-public information around the bank through the surveillance of communications and trading activity. Compliance plays a huge part in protecting all the bank’s customer’s, investors and staff.

    Could you please briefly describe the tasks and projects you are working on?

    The IB team monitors communications and trading activity for potentially inappropriate and/or abusive trading practices and policy breaches. Responsibility and ownership play key parts in my daily work tasks. Ensuring the correct process and procedures are followed whilst providing strong analysis within the work we review, l also provide the support to the wider team ensuring we all follow the correct processes and are up to date with key changes within the business area.

    What particularly do you appreciate at Deutsche Bank as an employer?

    There are lots of diverse divisions which offer opportunities for networking via various initiatives and activity groups. The collaboration between teams in compliance is good, with many teams interacting based on the work they specialise in. Deutsche Bank provides a platform where transferable skills can be applied to many roles and the bank positively promotes changes with roles to enable the individual to gain further experience.

    Which special knowledge and skills are required in the Regulation, Compliance and AFC unit?

    Strong communication and analytical skills are essential, along with general market product and compliance knowledge. Global markets are continuously moving, tie in daily company announcements provides different results and reactions within trading activity. Therefore, the analysis and surveillance varies each day. With this I learn something new every day which is good not just for my own development but the wider team’s development also.

    What are the career prospects offered by Compliance?

    There are many free courses provided by Deutsche Bank to assist in your own personal development. Senior management support is strong to help you work in such an ever changing environment. You can also work towards different professional qualifications. Overall, it is good to know that there are opportunities not just based around your day-to-day work. We encourage staff to come and see what we do, so we can show them the types of work and detail within the roles, which will help to understand where they can add value in a growing division.

    Your personal advice to potential candidates?

    Deutsche Bank provides a huge opportunity to learn new things at all levels. Be open-minded as there is always scope for development and career progression. Allow yourself time to take in the potential changes in a dynamic environment and benefit from the experience of individuals around you.

Topics and News

  • Easier Access
    Easier access to the financial system creates opportunities for criminals
    Economic and technological forces are reconfiguring the world into a shared socio-political arena. The intensifying interdependence of national, regional and local economies is transforming organisational structures and networks in an unprecedented way

    Easier access to the financial system creates opportunities for criminals

    Economic and technological forces are reconfiguring the world into a shared socio-political arena. The intensifying interdependence of national, regional and local economies is transforming organisational structures and networks in an unprecedented way.

    World financial flows have grown exponentially in the last three decades; daily turnover on the foreign exchange markets exceeds USD1.5 trillion and annual turnover stands at a staggering 60 times the value of world trade; international banking, bond issues and equities and derivatives trading have risen to significant levels in relation to world or national output respectively; and most countries today are incorporated into global financial markets.

    While these advances have benefited the world economy in an overall prosperity and well-being sense, they do have some ramifications. Among these is the increased capacity for financial crime to take place.

    Financial crime is multifaceted, borderless and constantly evolving. The same infrastructures that facilitate global flows of goods, capital and people have also created the possibility of new security threats in the form of transnational organised crime, illegal arms trade, human trafficking, cyber warfare and international terrorism.

    For such illegal activities to endure, criminals look for avenues to facilitate the flow of their funds and conceal the proceeds.

  • What Deutsche Bank is doing
    What Deutsche Bank is doing to prevent criminals from misusing the organisation
    It’s no surprise that combating financial crime has become a high priority for governments, regulators and international institutions. The adverse and even devastating consequences of financial crime cannot be underestimated.

    What Deutsche Bank is doing to prevent criminals from misusing the organisation

    It’s no surprise that combating financial crime has become a high priority for governments, regulators and international institutions. The adverse and even devastating consequences of financial crime cannot be underestimated. Financial system abuse through, for example, money laundering, fraud or corruption, can result in a country’s debilitating macroeconomic performance, impose welfare losses and have negative cross-border externalities.

    Yet, financial crime is not confined within national borders. It has a direct impact on the stability and integrity of the global financial system. In particular, it could compromise bank soundness with potentially large fiscal liabilities, reduce the ability to attract foreign investment, and increase volatility in international capital flows and exchange rates; not to mention the potential reputational damage of organisations, countries or financial markets.

    The important link between financial market integrity and financial stability is self-evident. It has become vital for corporations to adopt new ways of doing business and cultivate partnerships to curb financial crime while maintaining their competitiveness. Strong international cooperation to explore innovative solutions and new technologies to undermine financial crime intent and minimise the ability of criminals to misuse the financial system is absolutely necessary.

    Deutsche Bank is committed to continue to be an important participant within the national and international arena in helping to tackle financial crime. The bank works closely with governments, regulators and intergovernmental coalitions to ensure that we apply the best possible compliance practices and the highest standards.

  • Combating financial crime
    Combating financial crime with technology
    As globalisation continues to reshape the world, the evolution – or rather ‘revolution’ – of modern technology has created new opportunities for businesses to extend their reach further. The internet has allowed the purchase of almost everything ...

    Combating financial crime with Technology

    As globalisation continues to reshape the world, the evolution – or rather ‘revolution’ – of modern technology has created new opportunities for businesses to extend their reach further. The internet has allowed the purchase of almost everything from any part of the world through electronic payments; it’s now possible to transfer money across different countries with ease and speed.

    Criminals have also adapted to these advancements in technology and are using it to find new ways to carry out their illegal activities. Their objective is to transfer their assets into legitimate global organisations without detection. Once this is accomplished, they are able to make their illegal assets appear legitimate.
    With criminals becoming increasingly sophisticated, states, police and financial institutions have to work hard to stay ahead. In order to do so, the changing landscape of financial crime needs to be understood.

    Currently, new payment methods are one of the prime targets for money launderers as they offer greater anonymity and easier access to funds. The rise of virtual currencies, mobile payments and online payments also means that money is changing hands at a faster pace, which can create significant loopholes. Checking customers moving money can be difficult when those new means of payment can be used instantaneously. As a result, money may enter the regular banking system without the payer’s identity being confirmed.

    Whether they operate online or offline, organised criminals are nationally, ethnically and criminally diverse, and are evolving into bigger, looser global networks.
    While financial criminals are using technology to carry out their activities, technology itself can be used to identify and combat financial crime.

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