Egmont Group publishes Annual report 2020/2021

This report covers EG activities between July 2020 and July 2021, including: work completed, Results from the 2021 Egmont Biennial Census, Working Group developments, Activities of the Egmont Centre of FIU Excellence & Leadership (ECOFEL), Regional Group...

FinCEN penalty against USAA Federal Savings Bank

USAA FSB admitted that it willfully failed to implement and maintain an AML program that met the minimum requirements of the BSA and failed to accurately and timely report thousands of suspicious transactions to FinCEN involving suspicious financial...