Anti-Financial Crime & Financial Crime Compliance
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AML, CFT, Compliance, North America

FinCEN issues list of top priorities for institutions’ AML programs; acting director praises agency’s efforts and ‘sheer dedication’ of staff

By Dan Byrne for AMLi

The US Treasury bureau FinCEN has issued a list of top AML/CFT priorities for banks and other financial institutions to focus on as they tackle financial crime.

The eight focus areas have been drafted in the aftermath of a major overhaul in US AML law – primarily the passing of the Anti-Money Laundering Act (2020) in early January.

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