Great strides have been made over the last decade in the fight against money laundering and financial crime, but much more remains to be done. A new report from BAE Systems demonstrates just how far we have to go, exposing in stark detail firms’ financial crime vulnerabilities; vividly illustrating the worries and concerns of financial crime and compliance staff; and showing why there can be no room for complacency.
The report surveyed almost 500 compliance and risk professionals on their attitude and perspectives on financial crime within their organizations. It also grilled 6,000 consumers using financial services firms’ products. The responses were frank and eye-opening, most notably with regard to human trafficking.
