National Law Review | President Biden’s Multiagency Countering Corruption Strategy Signals Increased Enforcement, Potentially Significant Expansion Of Aml Compliance Requirements
In below article from National Law Review, on December 6, 2021, the Biden administration unveiled its “Strategy on Countering Corruption” (Strategy), which includes far more detailed guidance on how the administration plans to fund, implement and enforce US President Joe Biden’s Anti-Corruption Initiative.
The Strategy, which is the result of a multimonth, interagency collaboration, details the administration’s plans to pour resources into anti-corruption enforcement, further promote the use of data analytics across government agencies, enhance and enforce anti-money laundering (AML) laws and regulations and provide assistance to foreign governments combating corruption....
Biden Administration Strategy on Countering Corruption: AML Compliance (natlawreview.com)
