“If it doesn't bang or bleed, no one's doing anything about it.” In this episode of "Seize & Desist", Aidan Larkin sits down with David Lewis, Managing Director and Global Head of AML Advisory at Kroll, former Executive Secretary of the Financial Action Task Force (FATF) and leading figure in the battle against global financial crimes.  They address the notorious 1% statistic, the challenges of cross-sector collaboration and explore how seized asset recovery efforts can be improved within FATF guidelines, delving into the need for effective communication, the appointment of accountable figures, and the need for urgent reforms with broader strategies that extend beyond current standards. Timestamps 1 | David’s background and FATF’s mandate  5 | What is the 1% stat and why is asset recovery challenging 12 | FATF’s renewed focus on asset recovery and creating a minimum standard 18 | Should the Public Sector leverage Private Sector companies to assist with seizures 22 | Improvement of Government resources towards fighting financial crime  28 | The real cost of financial crime and good examples of how to combat it  Resources Mentioned: RUSI websiteFATF websiteFATF plenary highlights GLOBAL COALITION TO FIGHT FINANCIAL CRIME (GCFFC)Amendments to the FATF Standards to Strengthen Global Asset RecoveryAR Blog: FATF’s Trailblazing Asset Recovery Standards About our Guest: David Lewis (Managing Director and Global Head of AML Advisory at Kroll) and the former Executive Secretary of the Financial Action Task Force (FATF), the intergovernmental organization that sets standards for AML/CFT globally. As a highly respected leader in the fight against financial crime, David has played a pivotal role in coordinating international efforts to combat money laundering money laundering, terrorism financing and weapons proliferation. He has been instrumental in the development and implementation of policies to identify and mitigate risks associated with financial crime. Disclaimer Our podcasts are for informational purposes only.  They are not intended to provide legal, tax, financial, and/or investment advice. Listeners must consult their own advisors before making decisions on the topics discussed.    Asset Reality has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Asset Reality employees are those of the employees and do not necessarily reflect the views of the company.  Asset Reality does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Asset Reality.