Financial Privacy Eroded by Decades of Legislation, Surveillance reason.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reason.com Daily Mail and Mail on Sunday newspapers.
Last week’s congressional hearing with the Financial Crimes Enforcement Network (FinCEN) showed that there is much work to be done to improve the oversight of the agency and the anti‐money laundering (AML) regime in general. One problem that came up is how FinCEN and the AML regime rely on “deputizing” banks as law enforcement agents.