The Anti-Money Laundering Act of 2020 (2020 AML Act) was the first significant piece of AML/CFT legislature in the US in almost 20 years. 180 days after the passage of the 2020 AMLA, FinCEN issued its national AML/CFT priorities, which will be in effect for the next four years and will shape the direction of the US AML/CFT regime for years to come.
In this white paper, we will:
- provide a background for each priority item listed above
- explain how regulations may be promulgated for each item
- discuss how issued regulations may affect covered financial institutions
Download the white paper to read more about the priorities, key threat trends, and areas of regulatory focus.
Learn more about how riskCanvas can help ensure continued compliance for your organization.