Bankers And Regulators Want More Cooperation To Combat Money Laundering (Buzzfeed)

Buzzfeed, March 22, 2021

Bankers And Regulators Want More Cooperation To Combat Money Laundering

At an online conference entitled ‘FinCEN Leak: Next Steps for the Financial Industry,’ organized by the New York City Bar, banking executives, former regulators, and law enforcement agents said the 2020 release of the FinCEN Files, an investigation into major Western banks that facilitate transactions on behalf of suspected terror organizations, narcotics traffickers, and other financial criminals, was ‘very bad publicity for the bank industry.’

Read more