Archive for the ‘Financial Crimes’ Tag

What do Leaked Financial Documents Reveal about Dirty Money in Banking?   Leave a comment

Link: https://www.brookings.edu/podcast-episode/what-do-leaked-financial-documents-reveal-about-dirty-money-in-banking/

Despite national and global efforts to discourage money laundering, there were recent reports from the Financial Crimes Enforcement Network suggest suspicious transactions and funding during the investigation of Russian interference in the 2016 election. This podcast further discusses some of the failures of banks to report suspicious activities in a timely manner. Matthew Collins from the Brookings Institute states that if our government really wants to hammer down on money laundering and other financial crimes, it is crucial to invest more funds into regulatory bodies such as FinCen.

Original Air Date: September 24, 2020

Length: 12 minutes 20 seconds