King and Spalding partner Matt Biben and counsel Joshua Roberts discuss the Bank Secrecy Act and evaluate potential reforms, including some under current consideration by Congress, as well as emerging ...

Time and again, seemingly successful bank mergers have been rocked by revelations of poor anti-money-laundering compliance. Assessing the AML risk of a potential merger partner is extremely tricky, ...

The average risk of money laundering and terrorist financing has increased from 5.25 in 2022 to 5.31 in 2023. These growing numbers threaten global economies; money laundering crimes are becoming the ...

The Financial Industry Regulatory Authority highlighted persistent failures in firms’ anti-money laundering compliance programs in its 2025 annual regulatory oversight report. The report underscored ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Registered investment advisors (RIAs) in the U.S. face a new anti-money laundering (AML) ...