KYC and IDENTITY 15 Feb 2023


KYC and IDENTITY 15 Feb 2023

Identification in a world of flexible identities

This Forum is fully remote. 15 February 2023 03:00 GMT



Financial Crime Risk and Compliance Officers are under constant demands to learn new things, to apply new priorities and to adopt new management techniques. Yet, it's vital not to overlook the basics.

Identity has become an extraordinarily complex topic going far beyond checking a driving licence and a utility bill. In this Forum we will look at a range of issues from nationality to self-description and the challenges they present in financial crime risk and compliance.

Identity goes far beyond the production of a driving licence and a bill from a utility company. Everything from countries through jurisdictions, trading names and the contents of a CV to how an individual self-describes and presents. How can companies know their customer when the customer's identity has no official backing. And then there's verification.....

These are just the beginning of a long list of difficulties.


Book before 31 January for only GBP10* per seat.
80% discount - retained for Christmas/New Year/Chinese New Year)
31 January onwards: Individual: GBP60*
In house seminar pack: GBP250*

*+UK VAT where applicable.

15 February 2023 03:00 GMT


02:45 Platform opens for login
03:00 Welcome and introduction including National Identity
03:30 Speaker 1 Identity v Identification
04:30 Sponsor's presentation (Sponsor 1)
05:00 Speaker 2 Identity as a factor in risk profiles and the risks of dynamic identities.
06:00 Sponsor's presentation (Sponsor 2)
06:30 Speaker 3 Consequences for KYC if identity is excluded.
07:30 Wrap up and Thanks.
07:45 Platform closes.


Let's be clear: the Forum makes no comment on any moral perspective or the rights of any individual to view themselves in any particular way nor are we concerned with matters of policy: the focus is entirely upon identifying and addressing KYC issues when a person "self-identifies" in a way which is inconsistent with, or contrary to, the that person's legal and verifiable identity.

In December 2023 police in Germany arrested more than 20 people accused of right-wing extremism. Some falsely described their credentials, some claimed to be citizens of a breakaway republic. It is one of many examples groups seek to create a national identity or, if not actually a nationality, a jurisdiction that people can become tax residents of.

Some go even further and declare themselves to be "sovereign citizens" with freedom from the laws of any state.

We have, in the past decade, seen significant pressure to allow persons to describe themselves as other than male or female. From a Know Your Customer perspective, this creates a mass of uncertainty especially in cases such as that in November 2022 when a prospective Member of Parliament in England declared first that he wanted to be known as "Miss" and then gave an interview saying that some days he's "a boy" and others he's "a girl."

The challenges include this: if a person undergoes surgery and declares him/herself to be the opposite gender and changes the name, do official records follow to the new name? If not, and if there is no centralised register of such changes (which would, I would argue, be oppressive) and if asking questions about sexuality is illegal on grounds of discrimination, where does this leave the most fundamental of KYC tests?

We have for some years had to contend with arguments over the Mrs./Miss/Ms description. Have we ever solved that? Many women, upon marriage, take their husband's surname for their personal lives but keep their maiden name (or even a previous married name) for their professional lives. In the arts, many people, male and female, have "stage names" or "nom de plumes." One large international bank, in its private banking division, long allowed celebrities to hold bank accounts in entirely fictitious names and issued cards and cheque books in those names.

Countries define race in different ways and in some countries the legal race defines the rights and liabilities of the individual. We see people choosing a racial identity when that is clearly a decision based on emotion, not on genetics.

There is the issue that countries and courts have ruled on some of these matters - and decisions are contradictory. Is it possible to create a global, standardised, system?

Our speakers will address many of these issues and in my remaining time, I will look at the issue of national identity including sovereign citizens.





We thank the following sponsors for their support

Who should attend

Financial Crime Risk and Compliance Officers
Law enforcement
Legislators, policy makers and regulators
C-Suite officers in commerce, trade and industry
Risk managers
Insurance underwriters
Computer scientists
Data analysts
On-line marketing practitioners
Customer engagement specialists


1. Subject to the presenters' permission, a zip file of presentation slides.
2. Subject to the presenters' permission, access to a recording of the Forum.

Attending The Financial Crime Forum lets you earn Portable CPD* credits which, where recognised, may be used for your professional CPD. Note: even when Portable CPD* is not formally accepted, it may be accepted under the general "reading" or "attending lectures" classes that many professional bodies provide.

This event provides five hours Portable CPD (TM) credits.
This event provides 40 credits towards the Certificate in Financial Crime Risk and Compliance (cFCRC)

*Portable CPD is a trademark of Vortex Centrum Limited.