--- title: Arctic Intelligence | Top three challenges businesses face in meeting regulatory expectations description: Top three challenges businesses face in meeting regulatory expectations for money laundering and terrorism financing risk assessments image: https://info.arctic-intelligence.com/hubfs/Top%20three%20challenges.png --- [![Arctic Intelligence](https://info.arctic-intelligence.com/hs-fs/hubfs/raw_assets/public/Arctic_Intelligence_September_2023/images/Arctic-Intelligence-header-logo-blue-_2x.png.png?width=158&height=145&name=Arctic-Intelligence-header-logo-blue-_2x.png.png "Arctic Intelligence")](https://arctic-intelligence.com) - [Risk Domains](https://arctic-intelligence.com/financial-crime-solutions) - [Financial Crime Risk Domains](https://arctic-intelligence.com/financial-crime-solutions) - [AML/CTF Risk](https://arctic-intelligence.com/risk-domains/aml-ctf) - [ML/TF/PF Risk by Industry Sector](https://arctic-intelligence.com/aml-ctf-pf-risk-by-industry) - [Bribery and Corruption Risk](https://arctic-intelligence.com/risk-domains/bribery-and-corruption) - 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[Our team](https://arctic-intelligence.com/about/our-team) - [Companies we’ve helped](https://arctic-intelligence.com/about/companies-helped) - [Our partners](https://arctic-intelligence.com/about/our-partners) - [Our credentials](https://arctic-intelligence.com/about/our-credentials) - [Our trust centre](https://trust.arctic-intelligence.ai/) - [Careers](https://arctic-intelligence.com/about/careers) - Login - [AML Accelerate Platform](https://app.amlaccelerate.com/) - [Risk Assessment Platform](https://rap.arctic-intelligence.com/) # Download the snapshot ## Top three challenges businesses face in meeting regulatory expectations for money laundering and terrorism financing risk assessments ![AI Resources Mockups-3](https://info.arctic-intelligence.com/hs-fs/hubfs/AI%20%20Resources%20Mockups-3.png?width=600&height=400&name=AI%20%20Resources%20Mockups-3.png)Many businesses are simply not equipped with the knowledge, skills and experience to be able to identify and assess how they could be exploited by organised criminal networks. Nor do they know how to design, implement and maintain an effective AML/CTF Program with appropriate and proportionate controls, commensurate with the identified risks. These challenges are compounded by the fact that both the external and internal environments businesses operate in are in a constant state of flux. This makes it almost impossible for under-resourced companies to stay up-to-date. We've helped hundreds of small and medium-sized businesses overcome these challenges. In our latest snapshot, we discuss the three most common challenges faced by these businesses and explain how [AML Accelerate](https://arctic-intelligence.com/platforms/aml-accelerate) has helped overcome them.   - Platforms - [AML Accelerate](https://arctic-intelligence.com/products/aml-accelerate) - [Risk Assessment Platform](https://arctic-intelligence.com/products/risk-assessment) - Risk Domains - [AML/CTF Risk](https://arctic-intelligence.com/solutions/aml-solutions) - [ML/TF/PF Risk by Industry Sector](https://arctic-intelligence.com/aml-ctf-pf-risk-by-industry) - [Bribery and Corruption](https://arctic-intelligence.com/solutions/anti-bribery-and-corruption-solutions) - [Correspondent Banking](https://arctic-intelligence.com/solutions/wolfsberg-correspondent-banking-risk-assessment) - [Fraud](https://arctic-intelligence.com/solutions/fraud-risk-assessment) - [Market Abuse](https://arctic-intelligence.com/risk-domains/market-abuse) - [Modern Slavery](https://arctic-intelligence.com/solutions/modern-slavery-risk-assessment) - [Proliferation Financing](https://arctic-intelligence.com/risk-domains/proliferation) - [Sanctions](https://arctic-intelligence.com/solutions/sanctions-risk-assessment) - [Tax Evasion](https://arctic-intelligence.com/risk-domains/anti-facilitation-tax-evasion) - [Wildlife Trafficking](https://arctic-intelligence.com/solutions/wildlife-trafficking-risk-assessment) - [Enterprise Risk](https://arctic-intelligence.com/risk-domains/enterprise-risk-management) - [ESG Risk](https://arctic-intelligence.com/risk-domains/esg) - Resource Hub - [Book a demo](https://arctic-intelligence.com/demo-webinars) - [Blog](https://arctic-intelligence.com/insights/blog) - [Case studies](https://arctic-intelligence.com/case-studies) - [Resources](https://arctic-intelligence.com/resources) - [Media](https://arctic-intelligence.com/insights/media) - [Submissions](https://arctic-intelligence.com/submissions) - [Our Podcast](https://arctic-intelligence.com/arctic-podcasts) - [Podcast features](https://arctic-intelligence.com/podcasts) - [Videos](https://arctic-intelligence.com/videos) - [Webinars](https://arctic-intelligence.com/webinars) - [Newsletters](https://arctic-intelligence.com/newsletters) - [Recommended reading](https://arctic-intelligence.com/recommended-reading) - Affilliations ![](https://info.arctic-intelligence.com/hs-fs/hubfs/ACAMS-Logo_TM_RGB_Light.png?width=1286&name=ACAMS-Logo_TM_RGB_Light.png) ![ICA\_Logo](https://info.arctic-intelligence.com/hs-fs/hubfs/ICA_Logo.png?width=300&name=ICA_Logo.png "ICA_Logo") ![acfcs-logo-2-768x512-1](https://info.arctic-intelligence.com/hs-fs/hubfs/acfcs-logo-2-768x512-1.png?width=689&name=acfcs-logo-2-768x512-1.png "acfcs-logo-2-768x512-1") - Company - [Our story](https://arctic-intelligence.com/about) - [Our team](https://arctic-intelligence.com/about/our-team) - [Companies we’ve helped](https://arctic-intelligence.com/about/companies-helped) - [Our partners](https://arctic-intelligence.com/about/our-partners) - [Our credentials](https://arctic-intelligence.com/about/our-credentials) - [Contact us](https://arctic-intelligence.com/about/contact-us) #### [Contact us](https://arcticintelstg.wpengine.com/contact-us/) 36a Hickson Road, Sydney, NSW 2000, Australia [**AUS** +61 (0) 2 8001 6433](tel:+61280016433) [**NZ **+6498899825 ](tel:+6498899825) [**SING **+65 6817 8650](tel:+6568178650) [**UK** +44 20 8157 0122](tel:+442081570122) [**USA** +1 917 730 4484](tel:+1%20917%207304484) [**CA**+1 613 5188002](tel:+1%20613%205188002) #### Subscribe for updates