Fincrime compliance costs

beSpacific 2021-06-14

Finadium Securities Monitor: “LexisNexis Risk Solutions released its annual True Cost of Financial Crime Compliance Global Report. The projected total cost of financial crime compliance across all financial institutions reached $213.9 billion in 2021, surpassing the $180.9 billion recorded in 2020. The majority of this sizeable year-over-year increase is represented by Western Europe and the United States…”