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LexisNexis says geopolitical risks are one of the ‘highest contributing factors’ to rising compliance costs

By Alisha Houlihan for AMLi

Geopolitical risks are now one of the highest “contributing factors” to rising compliance costs, according to the latest Europe Middle East and Africa (EMEA) Financial Crime Compliance Study from LexisNexis Risk Solutions.

71% of respondents from financial institutions identified geopolitical risk as the “top external trend impacting costs”, followed closely by increasing AML regulations (70%) and evolving criminal threats (69%).

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