Accuity Nepal AML Conference Market Survey 2017


At the recent Nepal AML conference, Accuity conducted a market survey with the leading banks Compliance & AML professionals. Highlighted below is a synopsis of some of the key findings :

  • 76% of the respondents said that the biggest challenge is insufficient screening due to lack of automation
  • 53% of the respondents said that they currently use manual look-up tools
  • 70% of the respondents said that they currently manually manage the internal black lists
  • 72% of the respondents said that high net worth individuals had the most significant impact on their current KYC on-boarding process
  • 82% of the respondents said that they currently cover PEP reference data, their AML screening process