Anti-Money Laundering Trends and Challenges
Anti-money laundering compliance has been a key growth area throughout Europe over the past year, as more and more criminal patterns have been uncovered. Nevertheless, there was a trend towards fewer convictions and penalties between 2020 and 2021, mostly attributable to the restrictions of the pandemic. EMEA proved to be the exception to the rule with financial penalties totaling $3.4 billion, up from $1 billion the year before. Continued strengthening of Anti money laundering compliance has become the key theme...
View full press release