Lewes, DE -- (SBWIRE) -- 04/08/2014 -- The impact of anti-money laundering regulations on wealth management - 2020 foresight report identifies that the total AML spending is expected to grow to over $8 billion in 2017, after registering a CAGR of almost 9% over the forecast period. By purchasing this report you will secure a proper understanding of the impact of anti-money laundering regulations on wealth management, which will enable you to amend your business plans accordingly to allow maximum sales. You will gain an understanding of the impact of money laundering and how wealth management and other financial institutions have taken measure to deal with this illicit activity.
- Confidently update your strategic business decisions by increasing your knowledge of the money laundering market as a whole.
- Understand the key operational and technological challenges that financial institutions face due to the rapid rise in money laundering activity, gaining the upper hand over competitors.
- Gain insights into the global compliance spending trends as well as the best practices in AML compliance, to better position your business for future growth.
Additional report highlights:
- Governments and regulatory bodies have taken numerous measures to curb money laundering activities in the last decade.
- Fraudulent activity across payment channels, financing of terrorist activities and non-payment of taxes have been primary money laundering activities.
- While some individuals move wealth offshore to avoid being the targets of unscrupulous regimes, most do so for the explicit purpose of not paying taxes.
Browse this report: http://www.marketresearchreports.com/wealthinsight/2020-foresight-report-impact-anti-money-laundering-regulations-wealth-management
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