In little-noticed testimony before the US Senate last month, US Treasury Assistant Secretary for Terrorist Financing, Marshall Billingslea told a Senate panel — “There’s an enormous amount of money that is still being exfiltrated from Russia by both Organized Crime and cronies surrounding Putin.” Referencing illicit Russian financial transfers into Europe, Billingslea stated that “It is critical that they (European financial institutions) shore up their Anti-Money Laundering regimes and that they clamp down on how they regulate money coming out of Russia.” The Wall St Journal published a piece on Friday, September 7, 2018, entitled ‘Russia Linked Money Laundering Probe Looks at $150 Billion in Transactions.’ This article specifically referenced transactions at Danske’s Estonia branch that highlight the growing concerns about illicit money flows from the former Soviet Union province.