Image of Anti-Money Laundering Whistleblower Lawyers Publish Guide to Anti-Money Laundering Whistleblower Rewards and Protections

Anti-Money Laundering Whistleblower Lawyers Publish Guide to Anti-Money Laundering Whistleblower Rewards and Protections

FinCEN anti-money laundering whistleblower reward programAnti-money laundering whistleblower lawyers Matt Stock and Jason Zuckerman published a Practice Note in Practical Law titled Whistleblower Protections Under the Anti-Money Laundering Act.  This Practice Note discusses the whistleblower protection and reward program under the Anti-Money Laundering Act of 2020 (AMLA) as amended by the Anti-Money Laundering Whistleblower Improvement Act in December 2022.  Under the AMLA whistleblower program, a whistleblower can obtain an award for reporting a violation of the Bank Secrecy Act or sanctions violations.

Guide to Anti-Money Laundering Act Whistleblower Rewards and Protections

Topics include:

  • information needed to qualify for an award;
  • factors used in determining the amount of an award;
  • how to report anonymously;
  • how related action awards can increase a whistleblower’s recovery;
  • monetary sanctions that qualify for an AMLA whistleblower award;
  • whistleblower anti-retaliation protections under the AMLA;
  • the procedures for bringing an anti-retaliation claim under the AMLA;
  • the scope of prohibited adverse actions; and
  • the anti-retaliation remedies available for whistleblowers.

The anti-money laundering whistleblower lawyers at Zuckerman Law have represented whistleblowers disclosing AML and sanctions violations.  Our multi-disciplinary whistleblower rewards practice includes an attorney who is also a Certified Public Accountant and Certified Fraud Examiner with substantial experience investigating complex financial frauds.

We  represent whistleblowers worldwide under various whistleblower reward programs, including the following:

Matthew Stock is the Director of the Whistleblower Rewards Practice at Zuckerman Law. He represents whistleblowers around the world in SEC, CFTC and IRS whistleblower claims. He is also a Certified Public Accountant, Certified Fraud Examiner and former KPMG external auditor.

Jason Zuckerman, Principal of Zuckerman Law, litigates whistleblower retaliation, qui tam, wrongful discharge, and other employment-related claims. He is rated 10 out of 10 by Avvo, was recognized by Washingtonian magazine as a “Top Whistleblower Lawyer” in 2015 and selected by his peers to be included in The Best Lawyers in America® and in SuperLawyers.