Compliance issues have become one of the key aspects of modern banking. With increasing regulatory requirements and regulations, banks are forced to invest more effort and resources in ensuring compliance with all applicable regulations and standards. https://www.theexeterdaily.co.uk/news/business/victor-orlovski’s-opinion-era-globalization-and-trends-contemporary-banking This includes combating money laundering, combating the financing of terrorism and maintaining transparency in financial transactions. Failure to comply with compliance requirements can result in severe financial penalties and damage to the bank's reputation.