Anti-money laundering (AML) and know your customer (KYC) regulations have been among the transaction banking industry’s hot topics in recent months, as predicted by Ather Williams, head of global payments and global transaction services strategy at Bank of America Merrill Lynch, at last year's Sibos conference in Dubai, where he told The Banker that
he hoped the industry would soon be talking about what it has achieved in terms of AML and KYC.
Six months on from Sibos, The Banker's technology and transaction banking editor Jane Cooper catches up with Mr Williams to find out what progress has been made in the industry so far, and also what he will be focusing on for the rest of 2014.
