Getting to grips with the AML system dilemma
ANTI-MONEY LAUNDERING
LUXEMBOURG -- With the financial services industry under pressure from all sides to be more proactive about money laundering, banks are building systems to monitor transactions for suspicious activity or installing products from a growing number of specialist technology suppliers. Although many banks are reluctant to talk about their projects, either because they haven’t got very far or for fear of giving away information that could be used against them by criminals, others have successfully
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