The True Cost of Financial Crime Compliance In The Baltic States
Discover the cost of financial crime compliance in The Baltic States.
The ever-changing geopolitical environment, as well as frequent legislative changes, have intensified compliance principles for financial institutions. 98% of institutions report an increase in financial crime compliance costs, illustrating undeniable regulatory pressures.
While digital transformation and emerging technologies have offered institutions great growth opportunities, it has also exposed them to new risk typologies, as criminal groups may misuse digital services and emerging technology.
Download this latest study to find out more about:
- The total cost of financial crime compliance in the The Baltic region;
- Contributors to rising costs;
- The main threats from financial crime and money laundering activities;
- Recommendations for combining compliance effectiveness and customer experience.
At the request of LexisNexis® Risk Solutions, Forrester Consulting conducted a financial crime survey of 482 compliance decision-makers to understand their priorities and challenges. This document highlights the findings for Europe, Middle East and Africa (EMEA).
