When It Comes to Anti-Money Laundering, Challenges Abound for Compliance Pros
A number of the respondents to a recent AML survey didn't even know if they had experienced a regulatory action at their company in this space. That seems to point to trouble.
September 27, 2017 at 05:37 PM
3 minute read
When Thomson Reuters surveyed a global group of legal and compliance professionals recently about anti-money laundering issues, nearly one-third said their companies have experienced some form of a regulatory action in this space.
But 16 percent said they weren't sure, an answer that really bothered Mark Haddad, vice president of the corporate segment for Thomson Reuters.
Thomson Reuters conducted the survey of 438 AML compliance leaders connected with the Association of Certified Anti-Money Laundering Specialists, and Haddad discussed the results at a recent ACAMS conference.
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