Financial institutions are increasingly able to gather and share information on transactions and clients allegedly tied to human trafficking operations, but still largely rely on requests for specific data from regulators and investigators to successfully screen for the crime, say sources.
Last month's confirmation hearing for Adam Szubin, who is seeking to become undersecretary for Treasury for Terrorism and Financial Crime, lacked the fireworks that might have been expected given the Republican majority's animosity toward the Obama administration's agreement with Iran.
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