View source for Anti-Money Laundering Whistleblower Program

On January 1, 2021, Congress enacted the Anti-Money Laundering Act (AMLA), a comprehensive reform of anti-money laundering laws.  Recognizing the [https://www.zuckermanlaw.com/top-reasons-why-sec-whistleblower-program-successful/ success of whistleblower incentives in combatting fraud] against the government, securities fraud, tax fraud, commodities fraud, and other types of fraud, Congress included in the AMLA a provision that incentivizes whistleblowers to report violations of the anti-money laundering laws to the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN).