Profile: Morgan Stanley seeks return on investment from its new AML system

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Vienna – Most bank executives who are given the thankless task of implementing anti-money laundering (AML) systems at their institutions would consider the possibility of a return on investment (ROI) for these projects akin to finding El Dorado after a long slog through the Brazilian rainforest. But the AML team at Morgan Stanley, the New York-based investment bank, says that they are preparing to eventually achieve just that – and have built it into their business plan for their AML programme.

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