whoviangirl

I don't actually have a question for you, but i just wanted to say that you're awesome and you made National Treasure, you were by far the best actor/character.

This is absurd. High risk jurisdiction is something that gets thrown around but has no real meaning because almost any jurisdiction could be considered high risk for money laundering, including the US.

Can I love you?

no, ok, actual question: Do you have a favorite role that you've played? Either one that felt the most like you or maybe one that was fun because it was wildly different from your personality?

Your impression is due to the way they framed their story, but it’s not really accurate.

Yes, there are major legal liabilities to not filing a SAR, up to and including major fines and criminal charges against the “BSA officer” who is generally a high ranking individual who oversees AML compliance. There is a degree of “defensive filing” of SARS because the downside of not filing can be very large. But banks are not purposefully overfiling for the purpose of obfuscating severe SARS or getting a “free pass” as they want to imply. You have to file on every incidence that is suspicious and customers can and do get multiple SARS. Filing is not a free pass.

The flip side is that it’s incredibly difficult to know for sure that somebody is laundering money. So it’s not really like continuing to buy stolen goods, it’s like trying to guess whether or not the goods are stolen. Sure, sometimes it’s a dude in a trench coat in an alley who says they fell off the truck, but most of the time it’s not that clear. So banks don’t exit every single client who they file a SAR on because they don’t know for sure the client is doing anything wrong. Buzzfeed just wants to paint that as “knowingly profiting”.