Active U.S. Enforcement of Anti-Money Laundering Rules Continues Unabated
Related people
Headlines in this article
Related news and insights
Publications: 05 April 2024
National Security Division Announces New Self-Disclosure Policy in M&A Transactions
News: 04 April 2024
Allen & Overy files amicus brief in support of disability rights in reproductive healthcare
Publications: 12 March 2024
Publications: 26 February 2024
In January 2020, the U.S. Department of the Treasury issued its National Strategy for Combating Terrorist and Other Illicit Financing (2020 Strategy).
This document details the key priorities of the U.S. government regarding the enforcement of the Bank Secrecy Act (BSA) and its broader agenda on efforts related to anti-money laundering and the combating the financing of terrorism (AML/CFT). Marking the 50th anniversary of the BSA, the U.S. Treasury described the 2020 Strategy as identifying key threats, vulnerabilities, and priorities for disrupting and preventing illicit finance activities within and transiting the U.S. financial system, and providing a roadmap to modernize the AML/CFT regime.