Lesson Learned? AML Fines Have Finally Fallen. But Will it Last?

How to Stop Your Clients Digital Payments From Exposing You to Risk

After years of rising non-compliance and anti-money laundering fines, in the first half of 2021, fines finally fell. Just 85 major breaches were recorded: a drop of 26% year-on-year. Of course, the numbers involved are still huge – almost $950 million was levied for breaches of non-compliance, money laundering, know your customer and data privacy […]