GRA · Financial Crime and Fraud Risk
Spatial financeWhere capital meets hazard, exposure and transition
Resilience and finance readiness
Financial crime readiness asks whether a programme, a payment flow or a digital service has the controls a regulated institution would expect before it relies on it: customer due diligence, sanctions screening, payment transparency and fraud prevention. Financial Crime and Fraud Risk, a the Global Risks Alliance (GRA) platform, frames those questions and the public evidence behind them; compliance decisions stay with institutions and authorities.
The workspace for resilience and finance readiness.
Programme board
Bank B monitoring · Resilience and finance · Cycle 4 of 4 · Example interface, not a record
- Workstreams active5Active
- Milestones due this quarter7Watch
- Decisions pending with owners1Watch
- Open risks6
Workstreams
by stage
Gates
- Requestowner named
- Scoping noteboundary
- Qualifiedinputs
- BuildFoundry
- Testcontrolled
- Publishwith limits
- Decisionauthority
Financial Crime and Fraud Risk · Programme board. Programme board: example names and illustrative values, not a record.
Readiness is not approval.
A readiness file describes a programme's evidence, risks and governance so that an institution can carry out its own review. GRA does not approve, rate, underwrite, lend or invest, and it recommends no counterparty.
What a mutual evaluation looks at.
| Component | Content |
|---|---|
| Technical compliance | Whether laws and regulations meet each of the 40 Recommendations |
| Effectiveness | Eleven immediate outcomes, from risk understanding to confiscation |
| Risk-based approach | National and institutional risk assessments driving controls |
| Revised Recommendation 16 | Assessed through a methodology annex published after the October 2025 plenary; implementation by end-2030 |
How the process runs.
Process explorer · Process
Resilience and finance readiness: IHR event detection and notification
9 steps·5 stages·1 gate
Process
Resilience and finance readiness: IHR event detection and notification
Under the IHR (2005), a State Party assesses events with the Annex 2 instrument and notifies WHO through its National IHR Focal Point.
01 Surveillance
- 01Indicator-based surveillanceSource · State PartyRoutine reporting, such as case reports, is one signal source. Article 5 requires capacity to detect, assess, notify and report events.
- 02Event-based surveillanceSource · State Party · WHOUnstructured signals, such as media or community reports, are another source. WHO may use such reports and then seeks verification.
02 Event handling
- 03TriageStepSignals are screened for relevance and duplicates before follow-up. The Regulations prescribe no triage method; this is general practice.
- 04Verify with the sourceStep · State PartyWhen WHO requests verification, the State Party replies within 24 hours with an acknowledgement and the public health information available.
03 Assessment
- 05Rapid risk assessmentModelA rapid assessment of hazard, exposure and context can support the response. It is separate from Annex 2 and not in the text read.
- 06Annex 2 decision instrumentGate · State PartyThe State Party assesses each event with the Annex 2 algorithm, on impact, novelty, international spread and restrictions.
04 IHR focal point
- 07Notify WHODecision · State Party, through its National IHR Focal PointThe State Party notifies WHO within 24 hours of assessment, through its Focal Point, of events that may be a PHEIC under the instrument.
05 Response
- 08Public health responseStep · MLROArticle 13 requires each State Party to build capacity to respond promptly and effectively to public health risks and emergencies.
- 09After-action reviewStepThe IHR monitoring and evaluation framework includes voluntary after action reviews, next to the Joint External Evaluation (JEE).
Neutral outline of a published external standard or method, from its issuing body. Not a record of operation. Nexus does not perform, certify or approve any step shown. A gate or decision belongs to the party the source names. Annex 2 is applied by the State Party, not by Nexus. The text read is the third edition (2016).
Why disasters change the risk picture.
Emergency payments, relaxed onboarding for affected customers, reconstruction procurement and claims surges each create fraud and laundering openings. Readiness work describes these typologies at sector level so controls can be planned before an event. Topic depth at payments fraud; crisis information at the Global Risks Forum (GRF) crisis information.
Who sees a readiness file.
A file is released only at the programme owner's written direction, to a party the owner chooses, with no fee tied to any transaction.
Where this page's references lead.
The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.
Pages in Resilience and finance readiness.
Questions and answers.
Does a readiness file mean finance is available?
Bring an exposure or capital question to the Alliance.
Information and enquiries are open today. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.
Legal documents.
Maps, data and figures on this site are shown for context and general information. They are not advice, forecasts or warnings; the limits of the information are set out in the Disclaimers and Data Notices.