On January 1, 2021, Congress passed the National Defense Authorization Act for Fiscal Year 2021, an omnibus bill that includes the Anti-Money Laundering Act of 2020 (“AMLA”). The AMLA bans the use of anonymous shell companies...more
1/18/2021
/ Anti-Money Laundering ,
Anti-Retaliation Provisions ,
Corporate Transparency Act ,
Department of Justice (DOJ) ,
Disclosure Requirements ,
Due Diligence ,
Enforcement Actions ,
Financial Institutions ,
FinCEN ,
Foreign Banks ,
Limited Liability Company (LLC) ,
Privately Held Corporations ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Shell Corporations ,
Suspicious Activity Reports (SARs) ,
U.S. Treasury ,
Whistleblower Awards