As the United States has ramped up sanctions regimes against countries it sees as bad actors, the federal whistleblower program designed to support those who report overseas violations is expected to soon begin rulemaking for the complicated—and valuable—process of disclosure. 

The Department of the Treasury’s Financial Crimes Enforcement Network, FinCEN, was empowered in 2020 under the Anti-Money Laundering Act to develop a new system for reporting  violations of banking laws internationally. With advocates arguing there’s billions of dollars flowing through illegal systems, and a road map for rulemaking created by the Dodd-Frank Act more than a decade earlier, whistleblower attorneys are champing at the bit for final guidance. 

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]