Fed Joins Banking Regulators to Overhaul Financial Crime-Fighting Rules
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PYMNTS
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PYMNTSFed Joins Banking Regulators to Overhaul Financial Crime-Fighting Rulespymnts.comThe Federal Reserve Board plans to amend its requirements for banks to maintain anti-money laundering (AML) programs to, among other things, require them to focus their AML resources based on risk. In addition to requiring bank to give more attention to higher-risk customers and activities, the Federal Reserve Board plans to require banks to incorporate […] The post Fed Joins Banking Regulators to Overhaul Financial Crime-Fighting Rules appeared first on PYMNTS.com .
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