Allan Reid

Group MLRO & Head of Anti-Financial Crime - Baillie Gifford & Co

Having worked in a diverse range of financial institutions, Allan has led in the design, build, implementation and embedding of Financial Crime operating models, the remediation of various aspects of Financial Crime Frameworks, and the running of these models and frameworks in a Business-as-Usual state.

Allan is Baillie Gifford & Co’s Global MLRO (SMF-17 & PR-d) and Head of Anti-Financial Crime having been with the Investment Manager since Jan 2022. 

As a Justice of the Peace (April 2011) and JP Advisory Committee member (Jan 2023), he contributes to Scotland's judiciary by presiding over criminal trials and advising on JP judicial appointments. This dual expertise in legal systems and financial crime compliance fosters an ability to navigate complex regulatory landscapes and safeguard institutional integrity.

Member of the Investment Association’s Financial Crime Committee (2022).

Advisory Board Member to the Centre of Financial Professional’s FinTech Board (2018).

Fellow of the International Compliance Association (2018).

All Sessions by Allan Reid

11:15 - 11:45

DATA

Session: Mind the Data Gap: Why Quality Matters in Your AML Strategy

  • Data quality and how it is affecting AML strategies and other financial crime areas in financial services
  • Identifying prevalent issues such as data silos, inconsistencies in customer information, and lack of standardisation across systems that hinder effective AML compliance
  • Instituting robust data governance frameworks that include data ownership, quality controls, and regular auditing to improve data integrity – best practices

11:00 - 11:45

GEOPOLITICAL RISKS

Panel Discussion: The Political Dynamic – Navigating Geopolitical Risk in Business and Finance
Moderator: Neil Whiley, Head of Sanctions, Bank ABC

  • Implications of changes in international relations on sanctions policies and practices
  • Preparedness for rapid shifts in geopolitical contexts and their potential effects on existing sanctions regimes
  • The intersection of international conflict and economic sanctions: examining risks and opportunities for financial institutions
  • How geopolitical developments influence key financial instruments, including instant payments, cross border transactions and broader financial processes