EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Select your location
Local sites
Disrupting financial crime
As financial crime reaches new levels of sophistication, firms are seeking a balance between efficiency and effectiveness to manage risk.
In a complex, ever-changing world, financial crime risks proliferate as one of the largest systemic risks to the global economy, often yielding devastating impacts on businesses and communities.
Financial crime is an enormous problem with unsustainable costs. It is estimated the annual cost of money laundering and associated crimes ranges from US$1.4 trillion to US$3.5 trillion. As financial services organizations struggle to contain compliance costs and the threat of money laundering continues, there is an increasing need for change and innovation.
We are at the forefront of the industry’s defense strategy against financial crime by unifying the latest in technologies, experience, and methodologies to help you navigate the risks associated with it.
Our latest thinking
How financial firms can prepare for the 2024 regulatory landscape
Financial services firms will need to prioritize both event-driven and existing regulations to capitalize on untapped opportunities. Learn more.
04 Dec 2023
Jan Bellens
How EY can Help
-
Our skilled teams, operational efficiencies enabled by innovative technology and flexible global delivery service centers can help you manage financial crime risk in a cost-effective, sustainable way.
Read more