From FATF to FinCEN - Key AML, AI, and Regulatory Developments This Week
In this week's episode of This Week in AML, John Byrne and Elliot Berman examine Canada's newly released FATF mutual evaluation and what it may signal as the AML community awaits the upcoming U.S. assessment. They discuss FinCEN's plans to amend customer due diligence requirements related to immigration status verification, highlighting the operational and compliance challenges that institutions may face. The conversation also explores escalating concerns surrounding artificial intelligence, including congressional calls for stronger oversight, emerging state-level initiatives, and recent…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.