In this conversation, Joe McNamara, a speaker on anti-money laundering efforts, dives deep into the battle against fentanyl trafficking. He discusses recent designations of Mexican financial institutions by the Treasury and highlights Canada’s establishment of a new FinTRAC intelligence unit. The talk also covers pivotal updates from FATF regarding virtual assets and the OCC's findings on banking risks. Additionally, Joe sheds light on FinCEN's changes to TIN collection practices, addressing the evolving landscape of financial crime prevention.
