The third edition of the 2024-2025 Financial Crime and Compliance Report aims to provide a comprehensive analysis and industry insights to combat globalfinancial crime. This report consolidates critical information on emerging threats,regulations, and compliance processes worldwide, backed by up-to-date datafrom industry leaders.
As 2024 draws to a close, it is evident that this year has been anything but typical for the world of financial crime and compliance. The landscape has been reshaped by staggering financial crime statistics, evolving regulations, and mounting geopolitical tensions. The impact of these changes has been felt across the globe, influencing both immediate responses and long-term strategies.
Sanction Scanner’s 2024 Annual Report provides an in-depth exploration of the evolving financial crime landscape, focusing on pressing challenges, regulatory advancements and technological innovations shaping the compliance industry. This report delves deeply into the changing dynamics of the financial sector and current trends in compliance. It also provides valuable insights into innovative strategies used in the fight against financial crimes.
- Global Financial Crime Insights: $3.1 trillion in illicit funds moved globally, underscoring the need for enhanced AML strategies
- Geopolitical Tensions: Analysis of how conflicts, such as those in the Middle East and Ukraine, complicate compliance efforts
- Regulatory Progress: Key updates, including the U.S. Corporate Transparency Act (CTA) and EU’s 6AMLD, aimed at improving beneficial ownership transparency and harmonizing AML standards
- Technological Advancements: The role of AI, blockchain and automation in combating sophisticated threats from deepfakes to synthetic fraud.
This comprehensive report highlights the critical intersections of regulation, technology and global cooperation required to combat rising financial crime threats effectively.
Dive into the trends and solutions that defined 2024 and prepare your organization for the challenges ahead.
Download the full report here.
