In “Quality Control at a Sustainable Cost: Blockchain Solutions for Bank Secrecy and Anti-Money Laundering Compliance” (The WLF Legal Pulse, 15 Jan. 2019), FinTech attorney Daniel Alter discusses possible remedies to the cost issues facing small and middle-market financial institutions as a result of Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance requirements. Among other solutions, the article highlights the need for the formation of financial intelligence companies that can offer “comprehensive compliance services at reasonable rates to multiple clients.” K2 Intelligence’s Third-Party Financial Intelligence Unit service is held out as an example. 

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