The Formula Behind Finance, Risk, and Innovation

Yesterday, Antonio Rossi delivered a talk entitled “Economics and Religion” at @collegiodimilano , with a particular focus on Islamic finance and on some of the key economic and financial principles found across the Abrahamic religions.

The discussion explored how faith traditions have historically addressed themes such as interest, ethical investment, risk-sharing, social responsibility, wealth redistribution, and the broader role of finance in society, highlighting both common ground and important differences between religious approaches to economic life.

It was a valuable opportunity to reflect on how religious principles can continue to contribute to contemporary debates on finance, inclusion, sustainability, and responsible economic behaviour.

A sincere thank you to Collegio di Milano and @michael_mocci for the kind invitation, the warm welcome, and the very pleasant evening.

#IslamicFinance #EconomicsAndReligion #EthicalFinance #FinancialInclusion #ResponsibleFinance #AbrahamicReligions #R2NPartner ...

A small letter, but a very meaningful moment 🇮🇹📖

I was honoured to receive a letter from the Office of the President of the Italian Republic, conveying President Sergio Mattarella’s thanks for the copy of my book:
Finanza islamica – Tra capitale globale e inclusione locale.

When I started working on this project, my goal was to contribute to a wider conversation about Islamic finance — not only as a global financial industry, but also as a tool for inclusion, access and responsible finance.

Seeing the book reach the Presidency of the Republic makes this journey even more meaningful.
The conversation continues.

#IslamicFinance #FinancialInclusion #Finance #R2NPartner ...

Organized crime is increasingly difficult to separate from the legitimate economy.

This is one of the key messages emerging from the 2026 Research Brief on Transnational Organized Crime published by UNODC - United Nations Office on Drugs and Crime

The report describes an increasingly complex environment in which organized criminal groups can interact with legally registered companies, professional service providers, financial intermediaries and legitimate supply chains. At the same time, technology is expanding both the reach and scale of criminal activity, from online scams and cyber-enabled fraud to increasingly sophisticated mechanisms for moving and laundering criminal proceeds.

For banks and companies, this raises an important question:

Are our controls evolving as quickly as the threat?

In my view, some practical implications deserve particular attention:

→ Third-party due diligence should increasingly move towards continuous risk monitoring, rather than remain a one-off onboarding exercise.

→ Banks should look beyond individual customers and transactions and develop a stronger understanding of networks, counterparties, ownership structures, jurisdictions and behavioural patterns.

→ Fraud, AML, Cyber, Compliance and Third-Party Risk should not operate as completely separate risk domains when the underlying threats are increasingly interconnected.

→ Financial investigations need to follow both **traditional financial flows and virtual assets.

→ Most importantly, formal documentation alone cannot answer the key question: does the transaction or business relationship actually make economic sense?

UNODC also stresses the importance of joint threat analysis, cross-sector information exchange and cooperation with the private sector.

The challenge is therefore no longer simply to identify a suspicious customer or supplier.

It is to understand the economic, corporate and financial ecosystem surrounding them.

Source: UNODC — Research Brief on Transnational Organized Crime, 2026 ...

Le frodi creditizie stanno cambiando. E con esse deve cambiare anche il modo in cui vengono valutati i rischi e testati i controlli.

I dati dell’Osservatorio CRIF sulle frodi creditizie 2025 mostrano un fenomeno in crescita: oltre 38.300 casi rilevati, per un valore complessivo superiore a 165 milioni di euro.

Ma il dato quantitativo racconta solo una parte del problema.

L’evoluzione dei modelli di frode, la crescente digitalizzazione dei processi di credito, l’utilizzo illecito delle identità e la possibilità di sfruttare tecnologie sempre più sofisticate rendono fondamentale interrogarsi sull’effettiva capacità dei presidi antifrode di individuare tempestivamente anomalie e comportamenti sospetti.

Un elemento particolarmente significativo riguarda proprio i tempi di emersione: una quota rilevante delle frodi viene individuata diversi anni dopo la concessione del credito.

La domanda, quindi, non è soltanto: “Abbiamo dei controlli?”

Ma soprattutto: “I controlli che abbiamo sono realmente in grado di intercettare il rischio?”

Nel carosello abbiamo raccolto alcuni dei principali dati CRIF e le relative implicazioni per banche, fintech e intermediari finanziari.

In R2N Partner supportiamo le organizzazioni attraverso Fraud Risk Assessment, revisione e test dei controlli antifrode, Corporate Intelligence, forensic support e formazione specialistica.

📊 Scorri il carosello per approfondire.

#Forensic #IdentityFraud #Fraud #FraudRisk #FraudPrevention #FinancialCrime #CreditFraud #RiskManagement #InternalControls #CorporateIntelligence #Fintech #Banking #R2NPartner ...

INIRE Summer School 2026: Faith, Ethics and Justice ...