Overcoming the Challenges of the Risk-Based Approach
Findings from the LexisNexis Anti-Money Laundering Survey
Anti-money laundering compliance is a key area for banks, law firms, asset management firms, auditors, accountants and similar regulated service providers.
These businesses must be constantly vigilant as criminal gangs, fraudsters, traffickers, terrorists and unscrupulous individuals devise more sophisticated ways to launder their money in a global economy. One of the major priorities for these businesses is to ensure they manage this risk and comply with the regulations to protect both their reputation and the public.