The US Treasury Department moves to weaken the law against money laundering

Julia Yansura

The U.S. Treasury Department proposes changes that would weaken the anti-money laundering law. Julia Yansura, program director for environmental crime and illicit finance at the Financial Accountability and Corporate Transparency (FACT) Coalition in Washington, D.C., warns that this would facilitate money laundering and corruption, undermining financial transparency and the enforcement of economic crimes in the U.S. and Latin America.