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The future of financial crime

Big 4 CornerThe future of financial crime

As regulatory pressures continue to mount and new entrants render the marketplace more competitive, financial institutions need to be agile. To maintain a competitive advantage, AML and financial crimes officers need to pursue strategic compliance investments.

This paper discusses the five key areas that compliance officers should consider as they assess and prioritize investments to pave the foundation for their future financial crimes programs:

  1. Culture of compliance
  2. Integration
  3. Data and technology infrastructure
  4. Regulatory change management
  5. Staffing model and digital labor

Story from KPMG

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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