De-risking can often be one of the first responses to working with banks in high risk categories. But does it have to be?
Despite the high compliance spending of FIs, more than 99% of money laundering proceeds remain in the hands of criminal gangs - we explain why.
FATF has launched two new reports looking at the use of technology for anti-money laundering purposes. What does this mean for the industry?
De-risking emerged as an unintended result of banks with limited alternatives to new regulations. Technology is the strongest ally to fix this.