Financial Crime Regulation & Compliance - Explore the latest news and analysis, along with effective systems and controls companies can detect, prevent and deter financial crime.
In July 2021, the European Commission proposed a package of reforms to the EU’s anti-money laundering and countering the financing of terrorism (AML/CFT) rules.
An effective AML/KYC programme must meet complex regulatory requirements and adapt to an ever-changing financial crime landscape.
A strong AML transaction monitoring framework is vital in today’s anti-financial crime environment. But there are many challenges to navigate, including meeting regulators’ expectations, measuring effectiveness and acheiving consistency across multiple jurisdictions.