News

The U.S. Treasury Department aims to establish temporary but formal rules that would enable financial institutions to pilot technological solutions to a limited set of anti-money laundering compliance challenges without fear of enforcement, ACAMS moneylaundering.com reported. More Senior Democratic senators introduced legislation that calls for the blacklisting of Russia's President Vladimir Putin, other senior Russian officials and large financial institutions if the Kremlin moves forward with a ground invasion of Ukraine, The Washington Post reported. More Federal lawmakers failed to pass a separate bill that would have required the Treasury Department to impose sanctions on firms involved in Russia's construction...