Tag Archives: Compliance oversight

Deterring Financial Crime with the Bank Secrecy Act

Money laundering, terrorist financing, and other illicit activities pose threats to national security and the integrity of the U.S. financial system. The Bank Secrecy Act (BSA) requires financial institutions—such as banks and money transmitters—to verify customers’ identities and report suspicious … Continue reading

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The Importance of Good Oversight for Medicaid

Medicaid plays an important role in providing health care coverage for low-income, medically needy Americans. In 2018, Medicaid covered approximately 75 million people at a cost of about $629 billion. But overseeing this program can be challenging, given its size … Continue reading

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