As they increasingly internationalise their operations, ensuring they are compliant, in particular to anti-money laundering rules, has become a major challenge, say analysts. Photo: Reuters

Compliance a big challenge for internationalising Chinese banks, say analysts

One-tenth of international banks’ costs are spent on compliance showing the challenge for the Chinese banks

Topic |   Banking & Finance

TOP PICKS

As they increasingly internationalise their operations, ensuring they are compliant, in particular to anti-money laundering rules, has become a major challenge, say analysts. Photo: Reuters
READ FULL ARTICLE