Oct 27, 2021 - Economy
Panama Papers spark surge in anti-money laundering job posts
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With more rules and regs around anti-money laundering (AML) procedures come more private-sector jobs to help companies comply.
By the numbers: The volume of U.S. job postings for AML officers has doubled since early 2016 — when the Panama Papers were released, data provided to Axios by Indeed show.
- With the exception of a spell at the beginning of the COVID-19 pandemic, AML-related posts have risen pretty steadily over the last five years.
Why it matters: It's a sign that companies have been preparing for heightened scrutiny of their AML practices, and staffing up accordingly.
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