The Financial Crimes Enforcement Network requested comments on updating the U.S. anti-money-laundering and countering-the-financing-of-terrorism regime.
FinCEN seeks comments on modernizing AML/CFT regime
December 15, 2021 / By ICBA
The Financial Crimes Enforcement Network requested comments on updating the U.S. anti-money-laundering and countering-the-financing-of-terrorism regime.
The Financial Crimes Enforcement Network requested comments on updating the U.S. anti-money-laundering and countering-the-financing-of-terrorism regime.
Details: FinCEN said it is particularly interested in ways to modernize risk-based AML/CFT regulations and guidance to protect U.S. national security more efficiently. The request also supports FinCEN’s efforts to conduct a formal review of Bank Secrecy Act regulations and guidance.
Deadline: Comments are due by Feb. 14.
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