ACFCS AUGUST REGULATORY REPORT: U.S. FINTECH REVEAL, SWISS BANK TAX CRACKDOWN, AND MORE
22 hours ago
Posted by: Brian Monroe
By Brian Monroe
September 1, 2018
Welcome to a monthly feature from ACFCS to help you keep up to date on the latest rules, guidance and enforcement trends: The Regulatory Report!
In this feature, ACFCS highlight’s key current, upcoming or potential changes in the global financial crime landscape, so compliance professionals, investigators and regulators can better keep abreast of pressing vulnerabilities, issues and legislative fixes. Enjoy!
In this month’s ACFCS Regulatory Report, the U.S. Treasury reveals its long-awaited fintech strategy and related national charter, the U.S. Department of Justice penalizes several Swiss banks for past evasive tax tactics, HSBC sheds a prior enforcement action while fellow British bank Standard Chartered faces potentially more sanctions scrutiny, fines, and more.
U.S. Treasury releases long-awaited fintech report, calls for national charter, breach