What transformative value does an integrated financial crimes program provide to your institution?
More than ever before, financial institutions are challenged to meet financial crimes compliance obligations in a more cost-effective and agile way. To address this, institutions should look to integrate their existing anti-money laundering, sanctions, fraud surveillance, and anti-bribery and corruption compliance programs under a unified financial crimes umbrella.
This white paper discusses some of the regulatory drivers that are encouraging Chief Compliance Officers (CCOs) to integrate their approach to managing financial crimes risk, the governance benefits of further structural integration, and a road map to execute and embark on this journey.
© 2017 KPMG, a group of Bermuda limited liability companies which are member firms of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.