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Midweek Roundup: US Plans SAR Reform, UK Wants New AML Agency, and More

John Hurley, head of the U.S. Office of Terrorism and Financial Intelligence, told attendees of an ACAMS-hosted conference in Las Vegas that the Treasury Department will soon take steps to overhaul suspicious-activity-reporting requirements, ACAMS moneylaundering.com reported. More Hurley will meet with Mexican officials to develop new strategies against illicit finance, drug trafficking and organized crime, Bloomberg reported. More and More U.K. officials want to create a new agency to supervise law and accounting firms for anti-money laundering purposes, sources briefed on their plans told moneylaundering.com. More Binance is nearing an agreement with the U.S. Justice Department to end a mandatory supervisory...

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