The New BSA Whistleblower Law: What You Need to Know
Today\u2019s episode features a discussion of the new whistleblower provisions in the Anti-Money Laundering Act of 2020. We\u2019ll discuss the types of businesses covered, who can be a whistleblower under the Act, the increased incentives now provided, new protections against retaliation, the impact of a whistleblower being involved in the conduct, and practical advice for affected institutions. Peter Hardy, co-practice leader of the firm\u2019s Anti-Money Laundering Team is joined by Ballard Spahr attorneys Meredith Dante and Diana Joskowicz.