In 2011, FinCEN issued a rule that established the inclusion of “substitutes for currency” into the scope of regulated “money transmission services.” This…
Canada’s anti-money laundering standards are perceived as lagging behind those of other western countries. A 2016 report by the Financial Action Task Force expressed…
According to a survey by the Dow Jones and ACAMS of 812 anti-money laundering professionals, 47% of industry professionals stated that high false-positive…
