Allan Clare, CAMS, FCII, FCILA, CFE, Dip (Fin.Crime), MICA—Birmingham, U.K.

Allan Clare has held a number of anti-fraud, financial crime compliance and risk management leadership roles with the U.K. and global financial institutions. Clare is currently the head of financial crime compliance at HSBC U.K., the newly created ring-fenced bank, formed to comply with the U.K.’s Banking Reform Act. Clare, who sits on the HSBC U.K. Executive Committee, is responsible for the financial crime risk management program, including anti-money laundering (AML), sanctions and anti-bribery and corruption across all lines of business.

In addition, he is a Certified Anti-Money Laundering
Specialist, Certified Fraud Examiner, Member of the International Compliance
Association with whom he holds a Diploma in Financial Crime, Chartered Insurer
and Fellow of the Chartered Insurance Institute, Chartered Loss Adjuster and
Fellow of the Chartered Institute of Loss Adjusters where he was instrumental
in forming the Institute’s Fraud Special Interest Group and was its inaugural

Clare is actively involved in numerous U.K. financial
services industry and trade body groups and is a member of the management board
of the Joint Money Laundering Intelligence Task Force. Previous roles include
chairman of the Financial Intelligence Unit Working Party at the Wolfsberg
Group, board director of the Insurance Fraud Bureau, director of CIFAS, deputy
chairman of the Insurance Fraud Investigators Group and member of the
Association of British Insurers Financial Crime Committee, where amongst other
responsibilities he led the project that created the industry-funded City of
London Police Insurance Fraud Enforcement Department.

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