New reporting on leaked suspicious activity reports from the U.S. Treasury's Financial Crimes Enforcement Network ("FinCen") has revealed significant flaws in U.S. and global anti-money laundering efforts. Matthew Collin explains why financial systems still host so much dirty money, despite a huge regulatory push over the last 20 years to stamp down on money laundering, and what reforms would help make banking systems cleaner. Full show notes: https://brook.gs/3cronSb Subscribe to Brookings podcasts on Apple or Google podcasts, or on Spotify. Send feedback email to BCP@Brookings.edu, and follow us and tweet us at @policypodcasts on Twitter. The Current is part of the Brookings Podcast Network.
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