FIBA chief underscores LatAm AML compliance developments

FIBA chief underscores LatAm AML compliance developments

People Regulation

Costs related to money laundering make up roughly 2.7% of the annual global GDP and preventing it has become an increasingly necessary expense for banking institutions and law enforcement. The Florida International Bankers Association (FIBA) CEO and president David Schwartz said the problem compounds even further when international regulatory mandates and cultural differences are thrown in the mix. In a recent interview with LatinFinance, Schwartz addressed the challenges, both fiscal and circ

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial