FIA supports FinCEN anti-money laundering efforts

16 November 2020

FIA today wrote in support of the Financial Crimes Enforcement Network’s (FinCEN) efforts to update to the existing anti-money laundering (AML) regulations that would require covered financial institutions, which include FCMs, to maintain an "effective and reasonably designed" AML programs as informed by the institution's risk assessment and FinCEN’s national AML priorities. While FIA overall supports FinCEN’s proposal, FIA’s letter today outlines several places where it requires further refinement, specificity and modification before a notice of proposed rulemaking is issued.

  • FIA
  • Americas
  • Regulation
  • Public Policy Submissions