I published the following article on Mondaq in 2003.
It demonstrates why currency transaction monitoring is only a fragment of the risk and compliance strategies that are needed to be effective.
It shows how, in 2003, financial institutions were under pressure to change what information they watched for, collected and responded to.
Today, 18 years on, have any of those changes made a lasting impression?
Has the rush of "new" technologies actually taken us any further than that available in 2003?
Or has the industry, especially in the light of...