IIF Authors

Status: Will be live at 02/17/2022 16:53

IIF Responds to FinCEN AML/CFT Framework Modernization Consultation 

The IIF responded to a Request for Information by the Financial Crime Enforcement Network (FinCEN) on the modernization of the AML/CFT regime in the United States. The letter focuses on the core enablers of a more effective and efficient financial crime risk management regime, including the use of financial intelligence, risk prioritization, the use of technology, and international consistency in the application of rules.