The agency leading American efforts to combat financial crime needs re-invention if it is to keep up to date with new challenges, according to a group of experts.
Washington-based illicit finance think-tank Global Financial Integrity (GFI) has said that the nation’s financial crime watchdog FinCEN is “overstretched” in a new report, and has claimed that even the most recent laws passed to aid its work are merely “tactical fixes,” for the body that ignore the best strategy.
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
