Imagine trying to convince a cat to fetch your slippers by dangling a fish in front of its nose. That’s basically bribery, but for people. It’s the act of offering, giving, or receiving something of value—like money, gifts, or fancy dinners—to influence a decision or action. It’s the not-so-secret sauce behind many unfair advantages and crooked deals.
AML Whistleblower Act Rulemaking: Key Recommendations for FinCEN’s Final Regulations
In a 2023 letter to Attorney General, Secretary of the Treasury, and FinCEN Director, Kohn argued that the new AML whistleblower regulations must not only replicate the existing SEC and…
