You need to know who you are paying and although Financial Services firms acknowledge the requirements to safeguard their businesses from financing money laundering, terrorism, and sanctioned entities, compliance continues to be complex.
In this white paper, Bottomline partner with Dow Jones Risk & Compliance to examine how financial services can mitigate the risks of cross-border transactions, by combining tight controls and processes with high quality, structured data.
Learn why data is the key to effective identification of financial crime and sanctions
Uncover critical information needed to ensure screening, monitoring and profiling programmes are successful
Identify technology to reduce the complexity of compliance
"Financial regulators around the world imposed more than $2m in fines related to anti-money laundering and compliance failures."
Anti-money laundering year in review and outlook