ISSA standards seek to stamp out cross-border custody crime
Financial crime compliance: it's time to change behaviours, according to the International Securities Services Association
Perhaps unsurprisingly, in recent years financial crime compliance has risen to the top of both regulators' and banks' priorities. Concerns around the risks of money laundering and terrorist financing in the securities sector in particular have forced the financial community to take serious note of the desire by regulators to make compliance even more extensive than is currently practised in the industry.
Up until now, the focus has primarily been on cross-border payment processing and trade
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