Time To Re-Evaluate Anti-Money Laundering Compliance

By Richard Alexander, Brian McCormally, Michael Mancusi, Erik Walsh and Kevin Toomey (February 27, 2018, 12:20 PM EST) -- Although the current administration may signal its intention to exercise a more relaxed regulatory examination environment for financial institutions, industry participants should not make the mistake of expecting a more relaxed enforcement environment, particularly in the area of anti-money laundering. This point has been underscored by numerous criminal and regulatory penalties levied against financial institutions for deficiencies in their Bank Secrecy Act and anti-money laundering (BSA/AML) programs since the beginning of 2017. With these cases, the government has signaled that AML enforcement remains a top priority. Below we discuss several takeaways from recent actions, which should help financial institutions assess the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!