MANAMA: Securing the right resources to support increasingly sophisticated compliance programmes is a key priority this year for businesses in the Middle East and North Africa (Mena), according to the 4th Thomson Reuters Mena Financial Crime and Compliance report in partnership with Deloitte Middle East.
The report was released today at the 12th Annual MENA Regulatory Summit underway at the Ritz-Carlton Bahrain under the Patronage of the Central Bank of Bahrain.
Nearly half (48 per cent) of respondents to this year's survey highlighted securing new resources and the necessary skills required for more mature environments as the main challenge they will face in managing their financial crime and compliance policy in 2018.
Thomson Reuters said it has brought together global and regional leaders from leading financial institutions and regulators including Central Banks, the US Treasury, Wolfsberg Group, IMF and Mena FATF (Financial Action Task Force) to discuss these and other issues.
Read more in tomorrow's issue of the GDN