Is your firm prepared for a post-BREXIT tightening of AML regulations?
The signs are becoming ever clearer that UK firms should be preparing to beef up their AML systems and processes as a response to the post-Brexit landscape, and the inevitable additional regulatory requirements that this will bring.
A new report released by Lexis Nexis has suggested that close to four fifths (78%) of compliance professionals across the UK’s regulated industries are predicting more anti-money laundering (AML) regulation is on the way following the UK’s departure from the EU.
In our latest Momenta insight, we explore how firms can position their compliance functions according to new regulatory requirements.