In this episode of “Financial Crime Matters,” Kieran Beer sits down with Michael Grady, chief of the bank integrity unit (BIU) at the U.S. Department of Justice Criminal Division, during the ACAMS Assembly Las Vegas Conference in September.
Grady talks about the BIU’s remit to pursue criminal infractions at banks, payment service providers, cryptocurrency exchanges and other financial businesses subject to the Bank Secrecy Act. During their conversation, Grady discusses some specific cases involving institutions actively involved in breaking anti-money laundering, terrorist financing and sanctions laws, thereby posing a threat to national security.
