By Aaron Nicodemus2020-12-11T22:01:00+00:00
Tucked into the $740 billion defense spending bill Congress approved Friday are several anti-money laundering (AML) provisions that could dramatically improve law enforcement’s ability to identify and prosecute criminals laundering money through the U.S. banking system.
The “National Defense Authorization Act for Fiscal Year 2021” (H.R.6395) contains a provision (Section 6403) that will require corporations to identify who owns and controls them (i.e., beneficial ownership) to the Financial Crimes Enforcement Network (FinCEN) at the U.S. Treasury. The bill also includes a provision (Section 6314) that creates a new Bank Secrecy Act (BSA) whistleblower program at the Treasury.
On September 23, the United States Securities and Exchange Commission (SEC) published its final rule
[1] on several questions regarding the agency’s whistleblower program. Among the rulings were a rejection of a change that would have limited payouts on very large fraud cases, the removal of all internal whistleblower protections offered by the SEC, and a restriction of “related action” cases in which whistleblowers could receive rewards from more than one agency.
The final rule has been expected for at least two years, during which the SEC debated and heard comments on all of the proposed rule changes. Lawyers with the firm Kohn, Kohn & Colapinto have been following the case and put together primers
governments around the world that ended up not being true. kurt eichenwald on his boat 500 days. and a whistleblower once jailed after revealing how ubs had helped americans evade taxes. today is a great day for whistleblowers, a great day for all the honest americans out there who work their job, pay their taxes, and today is a great day for tax fairness. today is a terrible day for big- time tax cheats. all of that and more coming up. this is democracy now!, democracynow.org, the war and peace report. i m amy goodman. the u.s. ambassador to libya and three embassy staffers have been killed in an attack on the u.s. consulate in the libyan city of benghazi. christopher stevens and three aides died of smoke inhalation after an angry mob set fire to the building in protest of an amateur anti-muslim film produced in the united states. the film also sparked protests in egypt, where demonstrators scaled a wall of u.s. embassy in cairo and burnt the american flag. the fil
was the number of elements of the story that were advanced by governments around the world that ended up not being true. kurt eichenwald on his boat 500 days. and a whistleblower once jailed after revealing how ubs had helped americans evade taxes. today is a great day for whistleblowers, a great day for all the honest americans out there who work their job, pay their taxes, and today is a great day for tax fairness. today is a terrible day for big- time tax cheats. all of that and more coming up. this is democracy now!, democracynow.org, the war and peace report. i m amy goodman. the u.s. ambassador to libya and three embassy staffers have been killed in an attack on the u.s. consulate in the libyan city of benghazi. christopher stevens and three aides died of smoke inhalation after an angry mob set fire to the building in protest of an amateur anti-muslim film produced in the united states. the film also sparked protests in egypt, where demonstrators scaled a wall
governments around the world that ended up not being true. kurt eichenwald on his boat 500 days. and a whistleblower once jailed after revealing how ubs had helped americans evade taxes. today is a great day for whistleblowers, a great day for all the honest americans out there who work their job, pay their taxes, and today is a great day for tax fairness. today is a terrible day for big- time tax cheats. all of that and more coming up. this is democracy now!, democracynow.org, the war and peace report. i m amy goodman. the u.s. ambassador to libya and three embassy staffers have been killed in an attack on the u.s. consulate in the libyan city of benghazi. christopher stevens and three aides died of smoke inhalation after an angry mob set fire to the building in protest of an amateur anti-muslim film produced in the united states. the film also sparked protests in egypt, where demonstrators scaled a wall of u.s. embassy in cairo and burnt the american flag. the fil