FinCen DD Pronouncements-Did they Hurt More than Help?

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode Matt and Tom go into the weeds to look at two recent pronouncements by FinCen on customer and PEP due diligence. We ask the question: Is the Guidance so vague as to actually hurt the efforts of a compliance practitioner.   Resources See Matt’s blog posts on Radical Compliance Regulators Talk PEPs and Due Diligence FinCen Gives Guidance, Says Little Learn more about your ad choices. Visit megaphone.fm/adchoices