AI for Regulatory Monitoring & Change Management

Authorities and financial institutions (FIs) are highly aware of the challenge of detecting financial crime. Modern criminals are using increasingly more complex structures and are acting across multiple financial institutions and jurisdictions. Parties, such as FIs, FIUs , and law enforcement, operating alone encounter challenges in the identification and tracing of suspicious behavior.

What is not green is made green - The advancing social and political paradigm shift is reflected in the growing interest of investors and consumers in sustainability, environmental protection aspects and social responsibility. ESG (Environmental Social Governance) is on everyone's lips and refers to corporate orientation towards criteria of environmental protection and social responsibility as well as honest corporate governance beyond the legal minimum.

Turkey in the contradiction between money laundering prevention and asset peace. But Turkey is not alone. Russia, too, is no stranger to this. Turkey: a country between Orient and Occident, a country full of contrasts. Not only is it geographically partly in Europe, but also the motto of the founding father of this republic was: Always look to the West and not to the East. For decades, Turkey was considered pioneering and progressive for Muslim countries.

In this blog post, I would like to provide an outlook on 2023 and the following years, this means the near future of our domain that is dedicated to fighting financial crime. As always with such outlooks, this one does not claim to be complete, but is a mixture of subjective perception and observation and objective analysis.