Federal Court concludes that Roger Stone’s lawyers’ motion to disqualify Judge Amy Berman-Jackson is “nothing more than an attempt to […]
Author: Jim Richards
Lack of Beneficial Ownership Information: a “Glaring Hole in our System” Says Treasury Secretary
On February 12, 2020, Treasury Secretary Mnuchin testified before the Senate Finance Committee on the President’s Fiscal Year 2021 budget. […]
The Roger Stone Case – Whether Outraged or Relieved, At Least Be Informed
“A good deal of hysteria, some of it reflexive, much of it recreational” The media, social media, politicians, and pundits […]
Chinese Money Brokers – The First US Case Involving An Identified Threat to the US Financial System?
February 6, 2020 – US Warns of Chinese Money Brokers Integrating Illicit Cash Proceeds through Trade Based Money Laundering, or […]
OCC Comptroller Talks About AML “False Negatives” and Technology
Whether “False Negatives” or “False Positives”, the Answer May Not Lie Just in New or Improved Technologies, but in an […]
Colorado’s Roadmap to Cannabis Banking – A Roadmap Without a Destination
Kudos to all of those involved in this effort in Colorado, but I’m not sure how this advances the effort […]
PETITION DENIED – The US Supreme Court Defends the SAR Safe Harbor!
Updated February 24, 2020 – The US Supreme Court denied a petition that challenged the SAR Safe Harbor On September […]
Proceeds of Crime and GDP – Are We Comparing Apples to Oranges?
The Estimate for US Money Laundering – $300 billion a year, or 2% of GDP The 2015 National Money Laundering […]
FinCEN’s BSA Value Project is A Year Old … How Is It Going?
In January 2019, FinCEN launched its “BSA Value Project” – an effort to “catalogue the value of BSA reporting across […]
Like Sam Loves Free Fried Chicken, Law Enforcement Loves “Free” Suspicious Activity Reports … But What If Law Enforcement Had to Earn the Right to Use the Private Sector’s “Free” SARs?
“Well, I’m here in the freezing cold getting’ free chicken sandwiches. Because the food tastes great. I mean, it’s chicken. […]