Review, then Reform? AMLA Charts a Path for the Future of SARs and CTRs | Ballard Spahr LLP
To embed, copy and paste the code into your website or blog: Eighth Blog Post in an Extended Series on Legislative Changes to the BSA/AML Regulatory Regime As we have blogged, the Anti-Money Laundering Act of 2020 (“AMLA”) contains major changes to the Bank Secrecy Act (“BSA”), coupled with other changes relating to money laundering, anti-money laundering (“AML”), counter-terrorism financing (“CTF”) and protecting the U.S. financial system against illicit foreign actors. In this post, we review several provisions of the AMLA section entitled “Modernizing the Anti-Money ...
Source: jdsupra.com