Financial Crimes Compliance: Creating Sustainable, Strategic Capabilities

2019/05/22 - Monocle Research Team

Financial crimes compliance is an important Regulatory Requirement faced by financial institutions and a key element in the fight against terrorist financing, human trafficking, slave labour, drug trafficking and environmental crime.


Accountable institutions must ensure that their financial crime prevention measures are robust and continuously reassessed to safeguard against failure. The cost of failure has many elements, e.g. the cost to society, fines that may be levied and reputational damage to institutions.


Accountable institutions should avoid a “once-off” mindset when it comes to assessing their FCC and instead aim to adopt a continuous assessment approach in respect of their FCC data and control systems.

In our recent insights paper, we consider delivering a strategic financial crime compliance capability that can achieve sustainable, long-term value for an organisation.

Recent Posts


Monocle is a results-focused consulting firm specialising in banking and insurance. We believe in doing business with integrity and transparency. We consult broadly – but specifically, we translate business and regulatory imperatives into tangible, data-driven results, bridging the gap between the business and its operations.

Learn More

South Africa

13th Floor, Greenpark Corner, 3 Lower Road, Morningside, Sandton, South Africa

United Kingdom

4 Lombard Street, London, EC3V 9HD, England


South Africa

Phone: +27 11 263 5800
Fax: +27 11 263 5811
Web Site:

United Kingdom

Phone: +44 (0) 2071 902 990
Web Site:



Copyright © 2019 Monocle Solutions. All Right Reserved.