ABA President and CEO Rob Nichols appeared on Kevin Cirilli’s Bloomberg Radio show yesterday to discuss the legislative outlook for the banking industry in the 116th Congress
Browsing: Bank Secrecy Act
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.
Bank investments in technology can create more vulnerability to tech-savvy fraudsters.
The financial regulatory agencies and the Financial Crimes Enforcement Network today issued a joint statement outlining how banks may enter into collaborative arrangements to share resources in order to more effectively manage their Bank Secrecy Act and anti-money laundering obligations.
The OCC today released its bank supervision operating plan for fiscal year 2019, identifying what each of the agency’s supervisory operating units will focus on for the new federal fiscal year starting on Oct. 1.
For an industry caught between state and federal law, a change can’t come soon enough.
As more and more states legalize the use and sale of marijuana, more and more banks are finding themselves caught between the pincer of local needs and federal law.