Compliance in an era of sanctions and monitorships

Forensic Diaries: A Forensic & Integrity Services Blog

A sharp rise in money laundering activities, bank frauds and terrorist financing has led to an unprecedented number of sanctions levied over the past few months. Given the current regulatory environment, sanctions compliance has emerged as probably the only recourse in the struggle against financial crime. The rapid expansion of sanctions has led organizations, beyond financial institutions, to adopt and implement a sophisticated risk-based approach to compliance. But staying compliant with the continually changing regime of regulations is no easy feat.

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