13th annual Municipal Finance Conference


13th annual Municipal Finance Conference



What do leaked financial documents reveal about dirty money in banking?

Image: U.S. Treasury Financial Crimes Enforcement Network website

New reporting on leaked suspicious activity reports from the U.S. Treasury’s Financial Crimes Enforcement Network (“FinCen”) has revealed significant flaws in U.S. and global anti-money laundering efforts. Matthew Collin explains why financial systems still host so much dirty money, despite a huge regulatory push over the last 20 years to stamp down on money laundering, and what reforms would help make banking systems cleaner.

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Thanks to audio producer Gaston Reboredo, Chris McKenna, Fred Dews, Marie Wilken, and Camilo Ramirez for their support.

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