Senior Deputy Comptroller Discusses Bank Secrecy Act and Anti-Money Laundering Compliance
May 21, 2019 / Source: OCC
NR 2019-50
FOR IMMEDIATE RELEASE
May 21, 2019
Contact: Bryan Hubbard
(202) 649-6870
Senior Deputy Comptroller Discusses Bank Secrecy Act and Anti-Money Laundering Compliance
WASHINGTON — Senior Deputy Comptroller for Bank Supervision Policy Grovetta N. Gardineer today discussed efforts to protect the financial system from being misused for illegal purposes during a hearing before the U.S. Senate Committee on Banking, Housing, and Urban Affairs.
During her testimony, Ms. Gardineer specifically addressed the threats posed to our financial system by the use of shell companies and methods to better identify the true beneficial owners of assets.
Related Links
- Oral Statement (PDF)
- Written Testimony (PDF)
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