AML-CFT compliance blog
In 2025, the cyber threat will dominate the concerns of companies worldwide. According to Allianz's ranking of the main business risks, cyberattacks are now in first place, relegating natural disasters, climate change and geopolitical tensions to second place.
Financial haemorrhage accelerates
The figures are staggering: in 2023 alone, online payment fraud is estimated to have cost $38 billion worldwide, rising to $91 billion by 2028, according to Juniper Research. The booming e-commerce sector has not been spared: the global loss is estimated at $107 billion...
Compliance... mission impossible or an opportunity to structure your business?
National regulations, international requirements, sector-specific standards... today, every company operates in an ever-changing regulatory environment.
And the slightest misstep can be costly.
Faced with pressure from regulators, complex legislation and an ever-increasing number of inspections, compliance can no longer be improvised. But how can you put in place a clear, effective and, above all, sustainable approach? Here's how!
1 - Conduct a compliance audit
You can't correct what you can't see. The first step is to take stock of the situation...
Has fraud become endemic? According to a study by PWC and the DFCG (Association des Directeurs Financiers et de Contrôle de Gestion), seven out of ten French companies will have suffered at least one fraud attempt by 2022. This figure rises to nine out of ten for companies with sales in excess of €100 million. Despite tighter regulations, particularly in the financial sector, fraud and economic crime rates remain high: over the last 24 months, 41% of companies worldwide have been affected...
What if RegTech was finally the answer to reducing the cost of compliance?
Compliance no longer has to be an obstacle or a financial drain. Thanks to RegTech, it is now possible to automate controls, make data more reliable and limit costs. A new approach that meets today's challenges... and helps you regain control over your regulatory obligations. It's up to you to find out how you can make the most of it right now!
The financial challenges of regulatory compliance
Staying compliant has never been more complicated... or more difficult to manage. Between the...