Financial Services Financial Services

Comment: OCC stresses innovation in new rule authorizing exemptions to suspicious activity reporting requirements

By Samuel Rubenfeld
  • 21 Apr 2022 14:44
  • 21 Apr 2022 14:44
A US banking regulator is pushing innovation in anti-money laundering compliance as it prepares authorize the granting of exemptions to a requirement on reporting suspicious transactions.
For years, financial regulators have urged banks to experiment with new products to help combat money laundering and other illicit financial activity. And banks

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Samuel Rubenfeld

Reporter


Samuel Rubenfeld is a reporter covering cases of bribery and corruption and some international trade issues. Prior to joining MLex, he was editor of the Kharon Brief, a news and data analysis platform focused on global security issues, including sanctions and export controls. Earlier in his career, Rubenfeld spent about a decade at The Wall Street Journal, including nearly nine years as a reporter covering corporate risk and compliance concerns such as bribery, money laundering, sanctions, terrorist financing and whistleblowers.

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