New Treasury Department whistleblower rewards anti-money laundering treasury law expected to lead to large rewards in bank investigations

A new treasury Department whistleblower rewards law that took effect on January 1 is called the Anti-Money Laundering Act of 2020. It created a new whistleblower program to encourage insiders at banks to report finance institutions violations of the Bank Secrecy Act.  Those subject to this new law include banks, credit unions, money service...
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