By Sven Stumbauer |Managing Director, New York | AlixPartners
The financial-services industry has been roiled by a perfect storm of disruptive forces. Complex regulatory-compliance requirements, aging legacy assets and operating models, digital innovation, and fintech have rapidly changed the operating environment. The evolving regulatory landscape that accompanies those changes, worldwide political changes, and record monetary fines have made anti-money laundering (AML) and sanctions compliance a major challenge for financial institutions globally.
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This article was published by International Banker.
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