Key Findings
35% of financial services professionals identified political instability as a challenge to supply chain assessment.
44% of financial and professional services organisations use AI for identifying risk signals.
Nearly half of financial services professionals (49%) say keeping up with regulatory changes is the biggest challenge in sanctions compliance, up from one-third (34%) in 2023.
Nearly three-fifths (58%) of professionals in the insurance sector express concern over potential new economic and financial sanctions
While 37% of financial and professional services organizations peform sanctions screening entirely in-house, using a third party (34%) and hybrid approach (28%) are becoming increasingly common.
Only 38% of financial services professionals are "very confident" in their financial compliance program's ability to detect emerging geopolitical threats.
26% of financial services professionals identified geopolitical risk as a challenge to supply chain assessment.
AI is primarily being used to identify suspicious behavior (63%) across financial and professional services organizations.
Over 71% of executives across financial and professional services anticipate a rise in financial crime risks in 2025. This is also stated as almost three quarters of senior global financial services professionals.
Nearly half of financial and professional services organizations (49%) expect to invest in AI solutions as part of their efforts to tackle financial crime.
68% of executives across financial and professional services who expect an increase in financial crime risk cite cybersecurity threats and data breaches as the top risk factor.
Over a quarter (27%) of financial and professional services organizations have AI and machine learning as an established part of their financial crime compliance programs, exceeding 2023 levels (24%).
54% of financial and professional services organisations use AI for network analysis.
Among financial services professionals who were less than "very confident" in their program's ability to assess their supply chains for threats, more than half (56%) of global respondents identified cybercrime as the biggest challenge to their programs in 2025.
Only 20% of financial services professionals believe AI has had a "very positive" effect on their financial crime compliance framework – down from 37% in 2023.
Looking ahead through 2025, just one-third (33%) of financial services professionals say that they are "very prepared" to address geopolitical risks over the next 12 months.
Globally, just under two in five (39%) senior financial professionals say that they are "very confident" in their organisation's sanctions screening capabilities, with the U.K. (34%) trailing the global average.
AI is primarily being used to identify suspicious behavior (63%) across financial and professional services organizations.