The prime focus of the project is AML systems and compliance within the financial services sector. This is a collaborative project for banks and regulators to share experiences in the use of profiling in Anti Money Laundering (AML) and to test the effectiveness of profiles from one banking context to another. The focus of this project is to widen and strengthen the research network of regulators and financial institutions and to focus on the investigation into techniques for identifying suspicious behaviour in financial transactions. The substance of the research focuses on how to improve techniques and systems for AML. The form of the research environment creates a network of regulatory and regulated bodies and this itself will provide rich experience of collaboration where there are important differences of regulatory role, jurisdiction, management and technical infrastructure. The SHAPE-GLOBAL (Sharing Profiling Experience in Global Banking) project will be the main weapon in our intervention in AML systems and compliance research. It will be a high-profile project involving key players in the field, from financial intermediaries and regulators, drawn from many countries. Our longer term aim is to develop the initiative into a part-time executive MSc coupled with a research club, so that we can corner an interesting niche in the finance and security global agenda. We intend to continue with our regular programme of seminars in Security Colloquium Series, now in its tenth year and to continue with joint events aimed at both the academic and practitioner communities.