The anti-money laundering impasse

Impasse

The impasse over the amendments to the 2009 Anti-money Laundering and Financing of Terrorism Act is a perplexing one.  No new amendments to the bill are forthcoming.  No negotiations are taking place and no leadership is being provided publicly on the matter.  This means that the bill is at a standstill and will not advance until the parties find a way to talk to each other about it.

The stalemate has arisen from two angles.  In one instance,