HIGH DEMAND FOR TRAINED AML PROFESSIONALS IS KEEPING PAY LEVELS HEALTHY

  WITH anti-money laundering and combating the financing of terrorism (AML/CFT) controls becoming ever more comprehensive, strategic and widespread, the demand for trained AML/CFT professionals is growing. Salaries are increasing, as a result. This good compensation reflects the fact that AML work is becoming increasingly demanding because of regulatory requirements, said Michael Harris, director, financial crime compliance, at LexisNexis Risk Solutions. He noted how FATF’s guidance on the risk-based approach and its implementation in legislation, such as ...


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