The American Bankers Association and the American Bar Association recently held their 14th annual Money Laundering Enforcement Seminar.
Peter Djinis, who has long shared his expert advice on the Bank Secrecy Act and answered many questions for our subscribers while at his position with Treasury's Financial Crimes Enforcement Networ
What is the "Basle Statement of Principles on Money Laundering.
On September 18, 2002, the Treasury Department issued three final rules concerning sections 313, 314, and 319 under the provisions of the USA PATRIOT Act of 2001.
I have recently received information from the Association of Certified Anti-Money Laundering Specialists (ACAMS) regarding their program for AML certification. Do you know of this organization? Do you feel this will be a recognized certification for those of us in banking responsible for AML programs?
Just what should I as BSA officer be doing right now in light of the USA Patriot Act? I've gotten bits and pieces but nothing I consider real definitive.
What agency requires state banks to have an Anti-Money Laundering Policy in place by April 24, 2002?
The Bush administration has unveiled a new strategy against money laundering, targeting big illicit operations that could be used by terrorist groups. How will the emphasis on money laundering implications affect community banks on a state and local level?
I understand that effective 4/24/02 each financial institution has to establish an Anti-Money Laundering program.Isn't the BSA Policy the same or does it have to be a separate Policy?