On New Year’s Day 2021, Congress passed—over President Trump’s veto—a defense appropriations law containing the Anti-Money Laundering Act of 2020 (“AML Act”) and the Corporate Transparency Act, as part of a sweeping new set...more
1/5/2021
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Customer Due Diligence (CDD) ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Export Controls ,
Financial Institutions ,
FinCEN ,
Insurance Industry ,
Money Laundering ,
Nonprofits ,
Pooled Investment Vehicles ,
Sanction Violations ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Shell Corporations ,
Tax Evasion ,
Terrorist Financing Regulations