AML Red Flags in Human Smuggling and Human Trafficking

The Biden Administration and federal regulatory agencies are committed to ending human trafficking and human smuggling, as detailed in National Action Plan to Combat Human Trafficking (Dec. 3, 2021). Human smuggling and human trafficking are predicate offenses to money laundering. Watch this video from expert author Jill Steinberg, Partner at Ballard Spahr LLP, to gain insight into key regulatory guidance intended to aid financial institutions in their money laundering prevention efforts, and prevent transactions that may involve human smuggling and human trafficking.

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