Anti-Money Laundering Fines Fall by 50% in 1H 2021 (Info Security Magazine)

 

Global fines for anti-money laundering (AML) and data privacy compliance breaches have fallen by nearly 50% year-on-year in the first half of 2021, but could bounce back quickly as financial crime continues apace, according to Fenergo. The digital transformation company claimed that 85 individual fines were levied on global financial institutions for breaches of AML, Know Your Customer (KYC) and data privacy laws in the first six months of 2021 — a drop of 26% on the figure for 1H 2020.

Anti-Money Laundering Fines Fall by 50% in 1H 2021 – Infosecurity Magazine (infosecurity-magazine.com)

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

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