Recent years have seen numerous changes worldwide have been no different. Following on from the financial updates we have seen major changes on the ICAS from in the world regions.
The changes to the money laundering guidelines has had a visible impact on business in the world has recently prosecuted individual cases for both money laundering and insider trading, in what is seen as an uptick in the frequency of cases of these types.
With ever-changing regulations and increasing focus on governance, conduct, sanctions, and financial crime, the challenges faced by compliance officers today are not restricted to within their institution but rather they are required to keep abreast of the trends and developments in the macro environment. From the heightened expectations on ethics and governance to the international clampdown on corruption, tax evasion, and money laundering, the demand for skilled and qualified practitioners in governance, risk, compliance and financial crime, is clearly on the rise. The close scrutiny of regulation in the global financial system is here to stay in ICAS based in UK.