Experts Highlight Flaws in AML Framework During Washington Policy Event
Experts at a Washington policy event hosted by Huggard Consulting Group criticized the current Anti-Money Laundering (AML) framework for prioritizing procedural compliance over crime prevention. The panel emphasized the need for reform to better combat financial crime and address unintended consequences on vulnerable populations and charitable organizations.
Topics: Anti-Money Laundering (AML) Financial Crime Financial Institutions Policy Reform Regulatory Compliance