
FINCEN FILES
6 money laundering reforms that experts say need to happen right now
Failures exposed by the FinCEN Files investigation require urgent intervention, regulators, experts and politicians say.
An ICIJ investigation reveals the role of global banks in industrial-scale money laundering — and the bloodshed and suffering that flow in its wake.
Failures exposed by the FinCEN Files investigation require urgent intervention, regulators, experts and politicians say.
By filing suspicious activity reports to regulators, big banks in the U.S. can collect transfer fees on suspicious transactions. Failure to file a SAR can expose banks to fines or penalties.