Capitol Account

Capitol Account

Share this post

Capitol Account
Capitol Account
Banks Blast Fincen Anti-Money Laundering Plan
Copy link
Facebook
Email
Notes
More

Banks Blast Fincen Anti-Money Laundering Plan

Also, Gruenberg previews upcoming rules; Trump on banks -- and nukes

Sep 05, 2024
∙ Paid
1

Share this post

Capitol Account
Capitol Account
Banks Blast Fincen Anti-Money Laundering Plan
Copy link
Facebook
Email
Notes
More
1
Share

Nearly four years ago, when lawmakers passed the biggest overhaul of anti-money laundering requirements in half a century, banks hailed it as a win-win: a way to squeeze more dirty dollars out of the financial system while also cutting their huge compliance costs. Today, as the Treasury Department works to implement the policy changes, it’s a different …

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Capitol Account
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More