Insight

2017 global anti-money laundering survey

21. Dezember 2017

Our 2017 global anti-money laundering and sanctions compliance survey explores how financial institutions are managing their compliance programs amid growing risk and heightened regulatory expectations.

Our 2017 global anti-money laundering and sanctions compliance survey explores how financial institutions are managing their compliance programs amid growing risk and heightened regulatory expectations.

ac global corruption

Key themes surfaced from survey

Corruption is a global problem but some regions and companies are riskier than others

Respondents said that it is becoming tougher for their companies to steer clear of potential risk. 67% believe there are locations where it is impossible to avoid corrupt business practices, namely Russia (35%), Africa (33%) and China (27%).

Corruption is a global problem but some regions and companies are riskier than others

Respondents said that it is becoming tougher for their companies to steer clear of potential risk. 67% believe there are locations where it is impossible to avoid corrupt business practices, namely Russia (35%), Africa (33%) and China (27%).

ac data monitoring

Data viewed as being critical to investigations, but still poses challenges

The survey found that 87% believe their companies use data successfully to identify possible corruption. Across all industries and sectors, data and system security continues to present concrete opportunities in 2017, with 67% of survey respondents using real-time monitoring for suspicious activity.

Data viewed as being critical to investigations, but still poses challenges

The survey found that 87% believe their companies use data successfully to identify possible corruption. Across all industries and sectors, data and system security continues to present concrete opportunities in 2017, with 67% of survey respondents using real-time monitoring for suspicious activity.

ac internal audits

Opportunities ahead: internal audits and anticorruption compliance policies

In response to the heightened enforcement environment in recent years, companies have adopted more controls and compliance policies. Among the most successful measures implemented to reduce corruption risk, internal audits and anticorruption compliance policies take the lead for survey respondents (84%).

View Full Infographic

Opportunities ahead: internal audits and anticorruption compliance policies

In response to the heightened enforcement environment in recent years, companies have adopted more controls and compliance policies. Among the most successful measures implemented to reduce corruption risk, internal audits and anticorruption compliance policies take the lead for survey respondents (84%).

View Full Infographic

Money-laundering and sanctions risks not being adequately prepared for by financial-services institutions

Even though financial institutions are perhaps more aware than ever of risks related to money-laundering and sanctions-related investigations, many of them may be “de-risking”—disassociating themselves, perhaps needlessly, from otherwise-profitable businesses and relationships. And, at the same time, a significant number lack both adequate anti-money-laundering (AML) and sanctions compliance budgets and training for their boards. That’s according to a survey of financial-services executives and boards of 361 financial institutions around the world released today by AlixPartners, the global business advisory firm.

Read press release

Even though financial institutions are perhaps more aware than ever of risks related to money-laundering and sanctions-related investigations, many of them may be “de-risking”—disassociating themselves, perhaps needlessly, from otherwise-profitable businesses and relationships. And, at the same time, a significant number lack both adequate anti-money-laundering (AML) and sanctions compliance budgets and training for their boards. That’s according to a survey of financial-services executives and boards of 361 financial institutions around the world released today by AlixPartners, the global business advisory firm.

Read press release

Contact Us

In the news

The Morning Risk Report: 20% of Bank Boards Don’t Receive AML Training

Get updates

Sign up to get the latest Investigations & Compliance studies and reports delivered to your inbox.

Subscribe

Learn more about our Investigations & Compliance practice.