In the aftermath of the “FinCEN Files” leak of more than 2,100 suspicious activity reports (SARs), many compliance professionals in the financial industry believe it had an overall positive impact on global efforts to fight financial crime.
According to the “ACAMS Compliance Effectiveness and Risks Survey,” commissioned by the Association of Certified Anti-Money Laundering Specialists and launched in partnership with YouGov, 43 percent of more than 340 financial crime experts polled said they viewed the release of the FinCEN Files as having a net-positive impact on global efforts to fight financial crime, while 27 percent said the media leaks had negatively affected the compliance industry.
