A review of compliance-s digitalisation in the fight against money laundering: an illustration from deloitte-s Luxembourg perspective

Digital transformation is vital to compliance expansion and risk strategy development that match future technological requirements. Reviewing the scope under which digitalised processes’ implementation evolves, this paper shows where compliance stands in the regulation’s technological revolution and the opportunities and challenges associated. Data management, heavy costs, lack of talent and a difficult cultural shift are just a few of the explanations for why it is among the last to hear about digitalisation. While improving efficiency, lowering costs, and increasing transparency are all crit... Mehr ...