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Bank Secrecy Act compliance officers should proactively shield themselves from both budget cuts and potential retaliation for disclosing regulatory violations, according to John Podvin, of counsel at the Dallas-based Haynes and Boone, LLP. Doing so entails making sure boards of directors and managers understand the repercussions of poor anti-money laundering (AML) compliance programs, said Podvin. And when compliance officers feel that executives want to prevent them from filing suspicious activity reports (SARs), they should seek legal counsel, he said. The former attorney for the U.S. Office of the Comptroller of the Currency (OCC) also addressed the whistleblower provisions of the...