January 24 2019
Financial crime is multi-faceted, multinational and very often invisible, making it hard to identify, measure and combat. Its impact is felt in many ways.
For those forced into slave labour by criminals infiltrating supply chains, or the victims of sex trafficking gangs who launder their profits through the financial system, the cost is catastrophic.
Organizations are paying a heavy financial cost, collectively spending billions trying to prevent financial crime, yet they are seeing ever greater amounts disappear from their businesses as a result of money laundering, fraud, theft and corruption.