Banking industry representatives are clambering to get on the Treasury Department's short list of outsiders allowed to vet upcoming recommendations on stemming money laundering.

The agency has received more than 70 applications for the few seats available to industry representatives on the advisory group it is putting together to consider changes in its enforcement of the Bank Secrecy Act.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.