Main reasons financial institutions outsourcing compliance worldwide in 2019

Published by Statista Research Department, Nov 9, 2024
This statistic shows the main reasons for financial institutions outsourcing compliance worldwide in 2019. Need for additional assurance on compliance processes was the largest reason that financial services companies opted to outsource their compliance work, with 53 percent of respondents citing it as a reason.

Main reasons for financial institutions outsourcing compliance worldwide in 2019

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Source

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Release date

June 2019

Region

Worldwide

Survey time period

Q4 2018

Special properties

compliance professionals from over 900 financial services firms

Supplementary notes

Multiple answers were possible.
The source does not specify the type of survey carried out.

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