By: Sam Finkelstein and Daniela Melendez, associates at the Volkov Law Group . Sam can be reached at [email protected] and Daniela can be reached at [email protected]. On June 28, 2024, the Financial Crimes Enforcement Network released a notice of proposed rulemaking. The purpose of the proposed rule is to strengthen and modernize Anti-Money Laundering and Countering the Financing of Terrorism (“AML/CFT”) processes for financial institutions (including, but not...