Blockchain Perhaps? OCC, Federal Reserve, FDIC, FinCEN & NCUA Encourage Banks to Innovate When it Comes to AML/BSA Compliance
Multiple federal agencies have come together to encourage banks to innovate when it comes to compliance. The statement is part of a governmental working group that has been created to collaborate between some of the financial regulatory entities. The Office of the Comptroller of the Currency… Read More
Read more in: Blockchain & Digital Currency, Fintech, Politics, Legal & Regulation | Tagged aml, anti money laundering, bank secrecy act, bsa, fdic, federal reserve, fincen, james otting, national credit union administration, occ, office of the comptroller of the currency