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Anti-Money Laundering Act of 2020 Creates a New Whistleblower Award | NAVEX Global

[author: Matt Kelly] Congress gave compliance professionals quite the gift on New Year’s Day: a new whistleblower awards program that will allow compliance officers an easier path to seek such awards yourselves, regardless of whether you raise those misconduct concerns internally. The awards program is part of the Anti-Money Laundering Act (AMLA), which Congress voted into law on Jan. 1. In many respects, the AMLA awards program (defined in Section 6314 of the law) is like all the other whist...
Treasury Department Bank Secrecy Financial Crimes Enforcement Network New Year Anti Money Laundering Act Dodd Frank Act

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