TITLE

Abiding By The Law is one Expensive Task

AUTHOR(S)
Kite, Shane
PUB. DATE
July 2005
SOURCE
Bank Technology News;Jul2005, Vol. 18 Issue 7, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the high spending of banks on technology and information management services following the hardened governance and control regulations in the banking industry in the U.S. Prediction of TowerGroup on the cost of the bank firms' expenditures on their information technology; Reason behind the strong mandate of the federal government to the banking industry in using technology in their business operations; Significance of the Sarbanes-Oxley and the anti-money laundering regulations in the implementation of the regulation.
ACCESSION #
17646493

 

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