[rodgerd]

The reason that banks generally take AMLAT rules so seriously is that the fines are vastly higher than any profit that can be generated by breaking them. Where I live they're in the order of up to a million per transaction that violates the rules.

CBA in Australia was fined $700 million and Westpac $1.3 billion for mere tens of thousands of transactions that were in breach. They have spent a lot of time and money fixing their shit since then, unsurprisingly.

Fines that punch through to individuals are another great motivator. Health and safety rules suddenly started getting taken a great deal more seriously in my neck of the woods when managers became personally liable for up to $200,000 for breaches.