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Article: Anti-Money Laundering Spending Up 71 Percent at North American Banks.
- Article from:
- PR Newswire
- Article date:
- July 9, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KPMG Survey Shows North American Banks Report Highest AML Spend Rate Globally And Most Substantial Increase in Suspicious Activity Reports
NEW YORK, July 9 /PRNewswire/ -- Bank executives say spending to combat money-laundering activities rose by 71 percent in North America over the past three years, mainly to pay for IT systems and training staff, according to a new survey by KPMG International. It was the highest spending rate increase among the regions surveyed, and well above the 58 percent global average.
With an expectation that the appropriate IT systems are now in place to support monitoring and regulatory reforms, those same North American ...
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Article: Fortune Names KPMG LLP to 2007 List of '100 Best ...
PR Newswire;
January 10, 2007 ;
700+ words
... ... PRNewswire/ -- FORTUNE announced that KPMG LLP, the U.S. audit, tax and advisory ... 100 Best Companies to Work For" list. KPMG LLP ranked 97th on the full list, and 37th ... 100 Best Companies to Work For" honor, KPMG LLP has been named for the tenth year as one ...
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