When it comes to the Bank Secrecy Act/anti-money laundering (BSA/AML), law enforcement needs to be better financial institution translators (FIT). While their private sector counterparts have invested substantial resources, time and effort in the latest analytical software, systems and advanced training in BSA/AML, too...

Every level of society faces corruption. It is a worldwide issue that affects every country to some degree. Transparency International publishes an annual “Corruption Perceptions” Index that ranks countries from least to most corrupt.1 Corruption does not discriminate. It touches both the public and...

“It may be that, in the strategic context of a particular jurisdiction, more than one model can be adopted to deal with different issues or geographic levels of information sharing, rather than having an overarching national [Financial Information Sharing Partnership].”1 A complex criminal ecosystem...

This past February, the U.S. Government Accountability Office (GAO) issued a report entitled “Bank Secrecy Act: Derisking along the Southwest Border Highlights Need for Regulators to Enhance Retrospective Reviews.”1 This report, which incorporates feedback from the Consumer Financial Protection Board (CFPB), Federal Reserve, Federal Deposit...