The European Commission today issued its own list of 23 jurisdictions that it said have “strategic deficiencies” in their anti-money laundering and counter-terrorist financing frameworks.
Browsing: Anti-money laundering
With the House Financial Services Committee set to hold a hearing tomorrow on the challenge of banking marijuana-related businesses, ABA today submitted a statement for the record urging Congress to resolve the legal conflict that inhibits banks from serving MRBs operating legally at the state level.
One bank put its financial intelligence capabilities to work helping law enforcement tackle the Super Bowl sex trafficking surge.
Along with major sporting events like the Super Bowl comes a tragic increase in victims of sexual trafficking in that city.
Setting ABA’s government relations agenda for 2019.
House Financial Services Committee Ranking Member Patrick McHenry (R-N.C.) wrote to Chairman Maxine Waters (D-Calif.) today urging her to hold hearings on a number of critical financial services issues, including several American Bankers Association priorities.
To support the ongoing effort to stop money laundering and illicit finance, the Treasury Department today issued its National Illicit Finance Strategy.
The Financial Crimes Enforcement Network will launch a new innovation initiative to foster a better understanding of the opportunities and challenges of new technologies for enhancing Bank Secrecy Act and anti-money laundering efforts, FinCEN Director Ken Blanco told attendees at ABA’s Financial Crimes Enforcement Conference today.
In a live interview on Bloomberg today, ABA President and CEO Rob Nichols outlined three key policy priorities that ABA is looking to in 2019.
The banking agencies, along with the Financial Crimes Enforcement Network, today issued a statement encouraging banks to consider, study and — where appropriate — implement innovative approaches to anti-money laundering and Bank Secrecy Act compliance.