In the early part of 2018, the Justice Department brought two significant AML criminal enforcement actions against US Bancorp and Rabobank, respectively. These two cases, coupled with the new beneficial ownership regulations effective May 11, 2018, raise significant changes in the AML compliance and enforcement landscape. In addition, the SEC and FINRA brought an important civil AML enforcement action against Aegis Corporation and three individuals, two of whom were compliance officers at the broker-dealer.
In this episode, Michael Volkov discusses recent AML compliance trends and AML enforcement actions.
Corruption Crime & Compliance