New Treasury Department whistleblower rewards anti-money laundering treasury law expected to lead to large rewards in bank investigations

A new treasury Department whistleblower rewards law that took effect on January 1 is called the Anti-Money Laundering Act of 2020. It created a new whistleblower program to encourage insiders at banks to report finance institutions violations of the Bank Secrecy Act.  Those subject to this new law include banks, credit unions, money service firms, […]

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