The AML industry in Asia in the past were happy to just meet the regulatory requirements of the leading global markets, such as the U.S. However, in recent times, regulatory compliance for platforms are required across national and local level jurisdictions, where the solution of employing large number of compliance professionals to do the job can no longer suffice.
Read more here: https://www.enterpriseinnovation.net/article/immature-use-tech-straddles-aml-operations-asia-1716455700