The CFTC Begins Policing AML Enforcement
By EsqSocial Corporation 22/10/20
Financial institutions with anti-money laundering responsibilities under the Bank Secrecy Act (BSA) take note: there’s a new sheriff in town. The Commodity Futures Trading Commission recently finished its fiscal year with three actions against futures industry firms for violations of AML obligations, including its first ever for a violation of CFTC Regulation 42.2. ...
By: Orrick, Herrington & Sutcliffe LLP