With just months to go until 6AMLD is set to be fully enforced in June, organisations are scrambling to adapt to an environment that assigns additional liability for breaches to senior managers and threatens heavier sanctions across the board, with organisations all too aware of the financial and reputational risk should the regulator come knocking.

But with the anti-money laundering risk landscape changing rapidly, as new threats emerge from digital payments and increased cyber security risk, organisations are being forced to re-evaluate their underlying technology infrastructures as well as improve employee awareness of their responsibilities with regards to 6AMLD.

These teams have only a few months to tackle the multitude of challenges surrounding data management, data visibility and data siloes, without compromising user experience in the process.

To delve further into these topics as well as some possible solutions, FStech was joined by William Brown, Head of Global Product Management at Bottomline Technologies to take a look at how organisations are implementing the digital transformation and transparency measures needed to be ready on time for the deadline.