Alberts Discusses Potential Benefits of the New BSA/AML Manual
A new version of the BSA/AML Manual, which governs how financial institutions and non-financial institutions in the U.S. are supposed to comply with the Bank Secrecy Act when creating compliance programs, was released this week. Partner Jeffrey Alberts, co-chair of Pryor Cashman's Financial Institutions Group, shared a few thoughts on how the new manual may help banks and FinTechs by potentially reducing their exposure to fines.
To watch Jeff's video, click here.
More About Alberts’s Practice
Jeff represents financial institutions in responding to government regulatory inquiries and enforcement actions and government investigations and prosecutions. He also advises financial institutions on regulatory matters and civil litigation.
To learn more about Alberts’s work, please visit here.
