United States:
Alberts Discusses Potential Benefits Of The New BSA/AML Manual
16 May 2020
Pryor Cashman LLP
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A new version of the BSA/AML Manual, which governs how financial
institutions and non-financial institutions in the U.S. are
supposed to comply with the Bank Secrecy Act when creating
compliance programs, was released this week.
Partner Jeffrey Alberts, co-chair of Pryor Cashman's
Financial Institutions Group, shared a few thoughts on how the new
manual may help banks and FinTechs by potentially reducing their
exposure to fines.
To watch Jeff's video, click here.
Originally published 22 April, 2020
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