Author: Sumit Lepcha

Bank Compliance and Cost!

Bank Compliance and Cost!

Who expected that one terrorist attack will bring in a humongous change in the way financial institutions were functioning. Even in the past, financial institutions have been accused of being used as a medium for anti-social activities; however, this attack in particular changed many things. It was found that the September 11, 2001 hijackers used U.S. and foreign financial institutions to hold, move, and retrieve their money....