Nicolas Stuckens is leading the development of screening initiatives within the Financial Crime Compliance group at SWIFT, a position he holds since 2009. In this capacity, he has global responsibility for defining SWIFT strategy to support member banks reduce their operational and compliance risks linked to sanctions compliance. Under his leadership, SWIFT introduced a number of services such as Sanctions Screening, Sanctions Testing, Name Screening and Sanctions List Distribution. . His current focus is to explore how Sanctions compliance-related friction can be reduced to support the move to instant payments.
Nicolas handles the relationship with a number of industry associations such as the Wolfsberg group and is responsible for the Financial Crime Compliance Advisory Group.
Nicolas joined SWIFT in 1997 and held several positions in the area of Reference Data, Pricing and Information Services. He holds a degree of Commercial Engineer from the Université Catholique de Louvain in Belgium.
SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect over 8,500 banking organisations, securities institutions and corporate customers in more than 200 countries. SWIFT enables its users to exchange automated, standardised financial information securely and reliably, thereby lowering costs, reducing operational risk and eliminating operational inefficiencies. SWIFT also brings the financial community together to work collaboratively to shape market practice, define standards and debate issues of mutual interest.
Head of sanctions compliance initiatives