ANALYSIS: Measuring the Impact of Covid-19 on AML Compliance

The Covid-19 pandemic has made 2020 a year of unprecedented uncertainty in anti-money laundering (AML) compliance. Bloomberg Law is interested in knowing how AML controls are faring during the pandemic and launching a new survey to gain insights on the pandemic’s impact on AML compliance programs.

Financial regulators began the year with a series of actions that should have put financial institutions on notice that AML compliance programs continue to be a key priority. The onset of Covid-19 and its impact on global markets has only added to those concerns. Regulators have acknowledged that the pandemic has created AML compliance ...