U.S. financial institutions should respond to negative media coverage of current and former associates of President Donald Trump by reassessing the compliance challenges affected customers and transactions present, according to a former federal regulator.
A series of news reports alleging improper, potentially illegal dialogue and other ties between Russian officials and aides of U.S. President Donald Trump should prompt financial institutions to review batches of transactions for suspicious activity.
Although the grandson of a former head of the Communist Party USA, Bill Browder isn't exactly beloved by Russian officials, even those professing nostalgia for the Soviet Union's supposedly golden days.