On June 30th, 2021, the U.S. Department of the Treasury released a set of national priorities in a document titled ‘Anti-Money Laundering and Countering the Financing of Terrorism National Priorities.’ These priorities are aligned with the 2018 and 2020 National Strategy for Combating Terrorist and Other Illicit Financing. The document dictates areas in which financial institutions should focus their resources to ensure compliance and security. Priorities within the document include:
- Both foreign and domestic terrorist financing
- Transnational criminal organization activity
- Drug trafficking organization activity
- Human trafficking and human smuggling
- Proliferation financing
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