As the number and complexity of regulations increase, so does the cost of compliance. Regulators increasingly lean on institutions to justify the rationale behind AML model changes. The penalties for non compliance not only represent a financial threat to the institution, in the form of large fines, but also a risk to senior management, with regulators moving toward a system of personal liability.Download this factsheet to learn more about AML compliance in the world of banking regulation. For more information on AML regulations, visit www.imagineamL.org.”]