Financial Crime Financial Crime

US banks seek clarity on money laundering red flags, see technology as key detection tool

By Robert Thomason
  • 20 Nov 2020 16:49
  • 20 Nov 2020 16:49
US banks agreed that information technology can bolster the fight against money laundering as they commented on prospective federal rules seeking to make anti-money laundering programs more effective.

Also, banks such as Wells Fargo, Bank of America and HSBC said that authorities should more clearly communicate law enforcement priorities by pointing

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News