Almost 9/10 of executives at European financial institutions surveyed say that the fight against financial fraud has become more complex in the last five years. But why?
The answer is simple: Financial criminals are using more advanced technology than ever before. As a result, the regulatory environment and increased cost of compliance has had a big effect on FIs, leading to updated legislation & a harsher regulatory environment.
In this whitepaper we explore the sentiment of feelings towards the potential to make the regulatory landscape less fragmented, planned cross-border information sharing mandate, and just how much that failure to comply with new EU anti-money laundering legislation could cost your business.
Download your free copy here.