EMEA faces $85bn annual financial crime compliance costs, study shows

True Cost of Financial Crime Compliance Study Reveals Organizations Prioritizing Cost Reduction While Ensuring Regulatory Adherence Financial crime compliance costs have risen for 98% of EMEA financial institutions Eighty-one percent (81%) of financial institutions prioritize cutting compliance costs in the next 12 months Criminals are adopting cryptocurrencies, digital payments and AI techniques for illicit activities […]