Italian bank implements anti-money laundering system
LONDON – UK supplier of technology banking software and services Financial Objects said in early December that Italian bank Banca Monte dei Paschi di Siena (BMPS) had licensed its IBIS/S2 Financial Sanctions System. The anti-money laundering system has gone live in New York and will be rolled out to all BMPS international branches over the next three months.
Banks have come under increasing pressure to stamp out money laundering since the September 11 2001 terrorist attacks on the US. In October
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