FinCEN & Federal Banking Agengies Issue Joint Statement on AML Compliance

FinCEN & Federal Banking Agengies Issue Joint Statement on AML Compliance

FinCEN & Federal Banking Agengies Issue Joint Statement on AML Compliance

Treasury’s FinCEN and Federal Banking Agencies Issue Joint Statement Encouraging Innovative Industry Approaches to AML Compliance

As a result of a working group established by the U.S. Department of the Treasury’s Office of Terrorism and Financial Intelligence and the Federal depository institutions regulators, the Financial Crimes Enforcement Network (FinCEN) and its regulatory partners today issued a joint statement to encourage banks and credit unions to take innovative approaches to combating money laundering, terrorist financing, and other illicit financial threats.

Read the full press release and review the joint statement.

Close