Bank Secrecy Act modernization plan laid out by US Treasury's Faulkender
( June 18, 2025, 21:39 GMT | Official Statement) -- MLex Summary: The US Treasury Department's Financial Crimes Enforcement Network held the 62nd semi-annual plenary meeting of the Bank Secrecy Act Advisory Group. Deputy Secretary of the Treasury Michael Faulkender delivered remarks at the event, laying out guiding principles for BSA modernization.Statement and remarks follow below:...
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