November 01, 2015

Ed Wilson quoted in Bank Director on FinCEN prosecutions

1 min

Venable partner Ed Wilson was quoted in the fourth quarter issue of Bank Director magazine on an uptick in prosecutions by the Financial Crimes Enforcement Network (FinCEN). Since bringing on a new director in 2012, FinCEN has seen an increase in the number of BSA/AML enforcement actions with individual bankers also being targeted.

"We're going to see more individuals being prosecuted" including, possibly, commercial bankers, predicted Wilson.