Top senior anti-money laundering executives in Europe earn nearly 20 percent more than executives in the United States, according to a survey released by the Association of Anti-Money Laundering Specialists (ACAMS), a professional credentialing organization. The median salary for European AML executives in the top quartile was $716,000, while their peers in the U.S. earned a median salary of $597,000, according to the survey, which was released Wednesday. "Despite the fact that the U.S. leads the world in AML penalties and enforcement actions, European AML/CFT professionals command much higher salary packages, especially at the top ranks of their organizations," said...
For the past year, a compliance officer in a midsize Texas bank has been pushing executives to link bonuses to how the officials comply with anti-money laundering rules.
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