Financial institutions have struggled to design and build successful
anti-money laundering programmes, their efforts hampered by political
ambivalence, limited regulatory resources, and complex operational
and conceptual issues. However, changes in regulatory stance and
technology are, for the first time, giving banks a chance to make
significant gains in efficiency and effectiveness. In conversation with
three leaders in financial crime and AML functions, 1LoD asked whether
the time has come for a model that can finally deliver real-world impact.