Amerika Setzt auf Globale Verfolgung

Marc-Alain Galeazzi spoke to German financial newspaper Börsen-Zeitung about the U.S. Anti-Money Laundering Act of 2020 and its effect on foreign financial institutions.

In particular, Marc-Alain emphasized the new authority of U.S. law enforcement agencies to subpoena foreign banks, even if they only have a correspondent account in the U.S., and that it is generally expected that regulatory and criminal enforcement activities will increase.

Read the full article (the article and the interview with Marc-Alain are in German).