‘Big Four’ member consultancy firm Ernst & Young (EY) has repaid banking group Santander £15m after it failed to help the Spanish lender improve its anti-money laundering (AML) controls, reports suggest.
The environment in which law firms tend to operate in is highly regulated and supervised; therefore, it is highly essential for a firm to set out the ways in which it operates in a series of procedures, policies and documents.
The Insurance sector’s ongoing fight against fraud and financial crime
Developing and maintaining a compliant Anti Money Laundering Strategy