Unveiling the True Cost of Financial Crime Compliance in the UK

LexisNexis Risk Solutions "True Cost of Compliance" series is dedicated to measuring and tracking how the UK financial services sector responds to the increasingly complex nature of financial crime regulation. In collaboration with the renowned research agency Oxford Economics, the study provides an in-depth view of how senior decision makers from some of the UK's biggest institutions are currently addressing the challenges of rising costs and increased complexity. The study, now in its 3rd edition, has become an essential guide for those responsible for ensuring their organisations are optimising their financial crime compliance strategy investments. The report critically examines whether the sector is making the right efforts or choices in areas such as the investment in people and/or technology as it seeks to mitigate the ever-rising costs of remaining complaint. Our CEO, Janine Hirt, and Head of Regulatory Affairs, Paul Worthington, will be joined by LexisNexis Risk Solutions’ Director of Market Planning, Dhaval Patel, to present key insights from the report which is due to be released on 1st July. They will discuss the latest trends, strategies, and technologies in financial crime compliance, offering a detailed preview of what to expect from the full report. Key Takeaways: Understand the financial magnitude of compliance efforts in the UK financial sector. Gain exclusive insights into the allocation of resources across various compliance activities. Evaluate whether current strategies are effective and sufficient. Don't miss this opportunity to gain a deeper understanding of the financial and operational impacts of compliance within the UK financial services sector. Register now to secure your spot!