New Delhi, Sep 2 (TIWN) Banks need to take a wider and long-term view, apart from trying to meet the minimum regulatory requirements, to curb and avoid money laundering activities, according to a survey by Deloitte.

The 'South Asia Anti-Money Laundering Preparedness Survey Report 2020', prepared by Deloitte Touche Tohmatsu India LLP, showed that regulators expect banks to have a consolidated view of customers and their transactions across businesses and jurisdictions, to identify unusual transactions and behaviour, or potential sanctions violations.