The passage of the Anti-Money Laundering (AML) Whistleblower Improvement Act in December 2022 was heralded by whistleblower advocates as a major development which would transform the ability of the U.S. to crack-down on money...more
5/8/2024
/ Anti-Money Laundering ,
Anti-Retaliation Provisions ,
BSA/AML ,
Civil Monetary Penalty ,
Enforcement Actions ,
FinCEN ,
Money Laundering ,
Reporting Requirements ,
Sanction Violations ,
Voluntary Disclosure ,
Whistleblower Awards ,
Whistleblower Protection Policies ,
Whistleblowers
The U.S. Treasury Department is currently drafting proposed rules to implement the whistleblower provisions of the Anti-Money Laundering (AML) Act of 2020. These rules will help determine the future success of the newly...more
When the Anti-Money Laundering Whistleblower Act (“AML Act”) became law on January 1, 2021, some commentators praised it as a breakthrough. The law was modelled on the highly successful Dodd-Frank Act (“DFA”) and shared...more
Congress needs to implement an effective ethics agenda. Important anti-corruption legislation has been sitting in various Senate and House committees awaiting action....more
4/12/2021
/ Anti-Corruption ,
Anti-Money Laundering ,
BSA/AML ,
Compliance ,
Consumer Financial Protection Bureau (CFPB) ,
Corporate Culture ,
Ethics ,
False Claims Act (FCA) ,
Fraud ,
Popular ,
Qui Tam ,
Regulatory Agenda ,
Trafficking ,
Whistleblower Protection Policies ,
Whistleblowers ,
White Collar Crimes ,
Wildlife Protection
A perspective from leading whistleblower attorney Stephen M. Kohn...more