Dealing with increased rules and regulations is not just a burden for credit unions and other financial institutions in the United States.

More than half – 55% – of the respondents in an international survey of compliance and anti-money laundering officers, directors and vice presidents identified growing regulations and enforcement as key challenges for them in the coming year.

And more than 60% of the 600 respondents said staffing and training shortfalls also posed significant challenges, according to the July 2011 joint survey by Dow Jones Risk & Compliance and the Association of Certified Anti-Money Laundering Specialists.

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