What do financial institutions need to know for financial crime peace of mind?
Given the sophistication of financial criminals it is hard to believe that many large financial institutions still manage enterprise-wide regulatory change management processes manually, in a non-uniform way.
Yet, motivation to combat fraudsters and money launderers is higher than ever before. Monetary losses to financial crime are estimated at approximately $1.6 trillion globally, equivalent to the 12th largest country in the world by GDP1.
Discover more in our Managing Regulatory Change for Financial Crime leaflet.