An estimated 2.5% of world GDP is laundered money. In the past decade worldwide, fines totalling a staggering $26 billion have been imposed for non-compliance with anti-money laundering (AML) regulations, along with Know Your Customer (KYC) and sanctions violations,...
An estimated 2.5 percent of world GDP is laundered money, while the National Crime Agency believes that £150 billion ($195 billion) is laundered each year in the UK alone. In the past decade worldwide, fines totalling a staggering $26 billion have been imposed for...
