In this episode of “Financial Crime Matters,” Kieran Beer talks with Kenneth A. Blanco, chief compliance officer for the Financial Crimes Unit at Citigroup, who is also a former Financial Crimes Enforcement Network (FinCEN) director and before that held several senior roles within the U.S. Department of Justice.
Blanco and Beer discuss the challenges of being FinCEN’s chief during the COVID-19 pandemic and his perspective on the Anti-Money Laundering Act and Corporate Transparency Act created and passed during his tenure.
Having now served within both the public and private sectors in the fight against financial crime, Blanco also talks about what regulators, law enforcement and anti-financial crime professionals at financial institutions do not understand about each other and the importance of them joining forces in public-private partnerships.
