Anti-Money Laundering Act Requires Fresh Look At Compliance
By EsqSocial Corporation 26/01/21
The Anti-Money Laundering Act of 2020 took effect on Jan. 1 and is the most significant anti-money laundering statute since the USA Patriot Act was passed after the terrorist attacks of 9/11. Its primary purpose was to update the Bank Secrecy Act so it applies to contemporary areas of concern, such as the use of cryptocurrency... Originally published in Bloomberg Law, January 26, 2021....
By: Lowenstein Sandler LLP