aml ctf compliance transformation


The AML/CTF compliance transformation

Executive Summary

Over the last few years, the compliance function has had to cope with heightened regulatory pressure. Compliance departments have grown in size, at increased cost to organizations. In addition, compliance departments must improve their efficiency and play a key role in implementing regulatory changes.

The time has come to transform the compliance function so that it can fulfil its primary roles, which include the oversight (monitoring and testing) of a company’s activities. The corporate governance and culture of institutions need to change and this will involve making changes to the tools and services they use (technology, enhanced collaboration
with external specialists, etc.).

Some institutions have already embarked upon this transformative journey by searching for efficient solutions and services so as to be compliant with all applicable rules.

PDF - 321kb

Inside magazine issue 18, June 2018

Inside is Deloitte’s quarterly magazine offering an exclusive insight into best practices, trends and opportunities faced by our clients across all industries.

Inside focuses on the main hot topics relevant for the market (Asset management, Banking, Insurance, Public sector, Healthcare, Private equity, Real estate, TMT, Manufacturing and consumer business, Transport and logistics).

PDF - 11.2MB
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