Survey Conducted Concerning Anti-Money Laundering Regulations

Regulatory compliance professionals aired their concerns about proposed amendments to Anti-Money Laundering regulations in a survey conducted by the Association of Certified Anti-Money Laundering Specialists. “FinCEN’s proposed definition of an effective compliance program was generally viewed as adequate by respondents, but about three-fifths said more guidance was needed to understand it.” writes Dylan Tokar of the Wall Street Journal.