|[April 09, 2014]
Research and Markets: The Impact of Anti-Money Laundering Regulations on Wealth Management 2013-2017 - AML Spending to Grow to $8+ Billion
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/lqd7k4/2020_foresight)
has announced the addition of the "2020
Foresight Report: The Impact of Anti-Money Laundering Regulations on
Wealth Management" report to their offering.
2020 Foresight Report: The Impact of Anti-Money Laundering Regulations
on Wealth Management 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.
Examines the impact of money laundering and how wealth management and
other financial institutions have taken measures to deal with such
Provides a global perspective on various money landering activities
and the measures being taken to tackle the problem, in terms of
enactment of regulations and coordination between nations.
Provides an insight into various AML regulatory developments that have
taken place in key markets and their impact on their respective
governments, financial institutions and customers.
The rapid growth of money laundering and other illicit activities has
become a major issue for governments and financial institutions across
Fighting money laundering has become a priority for governments and
other international bodies, which are increasingly concerned about the
consequences of these illicit activities on corporate governance and
business operations in the financial sector, as well as the overall
fundamentals of the world economy.
Governments and regulatory bodies across the world have been
tightening regulations to combat money laundering. Economies such as
the US, the UK, Germany, Australia, Japan and Singapore have strong
AML regulations in place, while Canada, Brazil, Russia, India and
China are taking initiatives to introduce AML regulations.
Financial institutions face a number of operational and technological
challenges due to changes in regulations. These entail increased
regulatory complexity and improvements in IT systems, documentation
and record keeping. Reduced customer privacy is also expected to be a
rising concern, due to increasing disclosure and information sharing
Key Topics Covered:
What is this report about?
Money Laundering Global Market Dynamics
Key Operational and Technological Trends and Challenges
Key Regulatory Trends and Impact Assessment
Global Compliance Spending Trends
Best Practices in AML Compliance
Atlas One Financial Group
Axis (News - Alert) Bank
Bank Central Asia
EFG Private Bank
Firstrade Securities, Inc.
Tokyo Mitsubishi (News - Alert)-UFJ
Wegelin & Co.
World Trade Financial Corporation
For more information visit http://www.researchandmarkets.com/research/lqd7k4/2020_foresight
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