Financial Crime and Fraud Risk
The Global Risks Alliance (GRA)
Sector-level scenarios for Financial Crime and Fraud Risk are published here with their assumptions and limits. They describe aggregate exposures; they are not forecasts and not investment advice.
Published scenarios · Workspace WS-17
| Transaction monitoring alerts | v6.1 | Open | OBSERVED |
| KYC records | v2.3 | To check | OFFICIAL |
| Case management | v2.6 | Open | OFFICIAL |
| Screening logs | v2.6 | Open | OBSERVED |
share used vs alert level
Financial Crime and Fraud Risk · PipelinePipeline, in outline: domain structure with placeholder names and illustrative values, not a record.
Financial Crime and Fraud Risk sector scenarios are published, aggregated descriptions of how exposures in the financial stability field could evolve under stated assumptions, read against frameworks such as FATF Recommendations. They describe sector-level exposures with their limits; they are not forecasts, assess no individual firm and are not investment advice.
Fig.A programme from scoping to the owner's decision. Design, not a record.
How a failure at one financial centre can spread through settlement links. Design links, not real dependencies.
Analysis runs in Nexus Foundry; reviewed releases are listed here.
| Scenario | What it tests |
|---|---|
| Authorised push payment scam wave using synthetic voice | Detection of social engineering and customer warnings |
| Mule network after a disaster cash transfer programme | Onboarding controls under emergency relaxation |
| Sanctions evasion through trade documents | Trade finance document checks |
| Account takeover through compromised identity data | Authentication and identity verification |
Fraud and laundering are network problems: accounts, devices and counterparties linked by flows. Graph methods find communities and unusual paths. Methods at GCRI network science; identity evidence at GCRI identity and authentication.
Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.
| Term | Definition |
|---|---|
| Scenario | A plausible description of how the future may unfold under stated assumptions, not a prediction. |
| Severe but plausible scenario | A disruption scenario extreme enough to test resilience yet realistic enough to occur. |
| Reverse stress test | Starting from a failure outcome and identifying the scenarios that would cause it. |
| Investment advice | A personal recommendation on investments, a regulated activity in most jurisdictions. |
The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.
The current service level is R0: information and enquiries. 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.