Anti-Financial Crime & Financial Crime Compliance
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Three quarters of AML compliance firms flagged more suspicious activity in 2020; new report finds cybersecurity ranks as industry’s biggest headache, with major upgrades planned

Almost three quarters of AML compliance firms recorded an increase in the amount of suspicious activity reports (SARs) that they filed last year according to a new report.

In a survey of 600+ c-suite and other senior personnel from the compliance industry across three continents, 74 per cent of respondents said their levels of SARs had increased from 2019.

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