Anti-Financial Crime & Financial Crime Compliance
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NEWS: United States Senate releases incentive program to encourage AML whistleblowers

WHISTLEBLOWERS: the Senate Building and Capitol Hill in Washington DC. The Senate is introducing legislation to encourage AML whistleblowers

By Alisha Houlihan for AMLi

The United States Senate has released an omnibus spending bill for 2023 for the Financial Crimes Enforcement Network (FinCEN).

The program is expected to contain a reward system and improved funding mechanisms for 2023 to generate tips about money laundering violations and financial crimes, according to ACAMS.

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