E149: Is the USA giving up on SARs?
America remains the ultimate trend setter – and that goes for regulation and law enforcement.
Which is why you should not be ignoring FinCEN’s new guidance on SARs that is stripping back and relaxing some of the box ticking exercises in favour of a risk-based approach.
Our expert host, Robin Lycka, is joined by Guy Huber, Principal at FS Vector, to ask: Is the USA giving up on SARs?
The pair discuss: What these SARs changes mean in practice for compliance teams, how this fits into wider AML regulation changes from the US, and whether the rest of the world will follow America's example…
The skinny
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