The upcoming hearings will focus on correspondent banking as a vehicle for money laundering; the role of offshore banks in international money laundering; and the efforts of financial entities, federal regulators, and law enforcement to limit money laundering activities within the United States.
Witnesses will include officials of Bank of America, J.P. Morgan Chase, and Citibank; a former chief executive of an offshore bank; experts in money laundering practices; and federal government officials.
U. S. Department of the Treasury
Deputy Assistant Attorney General, Criminal Division
U.S. Department of Justice