Provided by Guidehouse2023-07-24T18:22:00
Three out of four financial services firms that chose to outsource portions of their financial crime compliance function reported they were pleased with the results, according to a new survey conducted by Compliance Week and financial services consultancy Guidehouse.
The survey of 247 compliance professionals working at banks, financial technology firms, cryptocurrency firms, and nonbank financial institutions found 26 percent of respondents were currently outsourcing, while 14 percent were considering outsourcing.
Insights shared from respondents included:
2025-07-18T16:33:00Z By Aaron Nicodemus
A brokerage and investment firm will pay $11.8 million for providing services to individuals under U.S. sanctions, as well as people located in countries sanctioned by the U.S.
2025-07-14T15:36:00Z By Ruth Prickett
Serious bullying and harassment count as misconduct in regulated financial services firms, per a July 1 clarification by the U.K. Financial Conduct Authority, which said non-financial misconduct rules now applied only to banks will extend to 37,000 more firms starting September 1, 2026.
Provided by ProcessUnity
Don’t miss this opportunity to prepare your organization for the future of TPRM and stay ahead with AI as your second-in-command.
2025-04-10T15:24:00Z Provided by Ethena
Compliance professionals surveyed about their training programs indicated growing demand for quick, customizable, and cost-effective compliance training options amid budget pressures and evolving risk environments.
2025-02-26T17:09:00Z Provided by GAN Integrity
The vast majority of organizations are using artificial intelligence and generative AI, for everything from upping efficiency to driving innovation.
2025-02-05T04:18:00Z Provided by Resolver
Compliance professionals are worried about the pace of regulatory change–and what to do about it.
Site powered by Webvision Cloud