Despite perpetual talk of deregulation in the U.S., compliance officers at financial institutions are finding little reprieve from their anti-money laundering programs.
Experts expect an escalated pace of AML-related enforcement heading into 2019. The Office of the Comptroller of the Currency, for example, said it will increase its examination focus on the effectiveness of Bank Secrecy Act programs and AML systems and controls in its report on Fiscal Year 2019 priorities.
