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

Anti-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:

• SEC whistleblower reward program;
• CFTC whistleblower reward program;
• IRS tax fraud whistleblower reward program; and
• Anti-Money Laundering whistleblower reward program

Money Laundering Whistleblower