Financial Crime in the Middle East and North Africa 2015


Financial Crime in the Middle East and North Africa 2015

The Need for Forward Planning

The report findings address the fight against financial crime, changing attitudes and trends and challenges within the Middle East and North Africa.

Several themes that were derived from the findings of the report:

  • Compliance departments are juggling competing priorities;
  • The only constant is change while there is an increasing demand on budget and resources;
  • Reputation is crucial;
  • Low levels of confidence in existing compliance programs; and
  • Compliance officers are investing in technology rather than skills to help them meet their compliance challenges.

The report prepared by Deloitte and Thomson Reuters Accelus demonstrates how regulatory change is not expected to turn in the medium term, combined with budgetary and resource constraints and the ongoing pressure to balance business objectives with regulatory requirements.

Download the pdf report
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