Senate Approves Defense Bill That Includes Critical BSA/AML Changes
By a bipartisan vote of 84 to 13, the Senate this afternoon passed the National Defense Authorization Act for fiscal ...
Tag: Anti-money laundering
FinCEN Releases Guidance on Financial Crime Information Sharing Program
The Financial Crimes Enforcement Network released new guidance on the Patriot Act Section 314(b) information sharing program, FinCEN Director Kenneth ...
Regulators Planning Future Updates to BSA/AML Examination Manual
Regulators are currently “in the process of reviewing another update” to the BSA/AML examination manual, Lisa Arquette, associate director of ...
ABA Partners with K2 Integrity to Offer Financial Crimes Resources
During a session at the ABA/ABA Financial Crimes Enforcement Conference today, ABA announced its intent to partner with K2 Integrity, ...
House Clears NDAA, Paving Way for BSA/AML Changes
By a bipartisan vote of 335 to 78 tonight, the House passed the National Defense Authorization Act for fiscal year ...
FBI Director: Cyber Criminals Targeting Banks’ Third Parties
When asked about threats specifically targeting banks, Federal Bureau of Investigation Director Christopher Wray urged banks to be wary of ...
Trade Groups Call for Immediate Passage of NDAA, Applaud Bipartisan Work on AML Reform
The American Bankers Association joined eight financial trade associations in a letter of strong support for the 2021 National Defense ...
Building an Industry-Wide View of Risk in Financial Services
A truly comprehensive approach to managing risk will require the financial sector to mitigate concerns about collaborating with competitors.
DOJ Announces Results of Money Mule Initiative
U.S. law enforcement agencies took action against more than 2,300 money mules over the last two months as part of ...
AI and Machine Learning Can Repurpose Humans, Not Replace Them
Four ways for banks to integrate emerging financial crimes technology.
