Midweek Roundup: EU Threatens to End Terror Tracking Program, Swiss Lawmakers Approve FATCA Plan, and More

Financial institutions across the globe are having problems finding qualified professionals to staff their anti-money laundering (AML) departments, according to a survey by the Association of Certified Anti-Money Laundering Specialists and Dow Jones. The survey, which questioned 989 compliance officers, also found that 77 percent of respondents cited increased workload in the past year, and two out of five said their compliance departments faced staffing storages, The Wall Street Journal reported Wednesday. More European Parliament officials threatened to suspend, and possibly terminate, the EU-U.S. Terrorist Finance Tracking Programme following disclosures that the National Security Agency collected data on Belgium-based Society...