Smartsearch bronnen

Anti-Money Laundering Act of 2020 (AMLA) - what are the changes and what do they mean?

Anti-Money Laundering Act of 2020 (AMLA) - what are the changes and what do they mean?

On January 1 2021, the United States Congress passed the National Defense Authorization Act for Fiscal Year 2021 (the NDAA) which includes the most significant reforms to US Anti-Money Laundering (AML) laws in almost 20 years.

The AMLA contains a number of important changes to US anti-money laundering (AML) rules, but for the purposes of this article we are going to explore in more detail the change that will impact financial institutions and other businesses the most; beneficial ownership reporting. Financial institutions have always been subject to AML compliance, but due to the change regarding beneficial ownership structures, this latest update is far more broad reaching, affecting businesses across the US.

Deel dit
Meld u aan voor onze nieuwsbrief en ontvang nieuws, hulpmiddelen en updates rechtstreeks in uw inbox!

Door uw e-mailadres op te geven, stemt u ermee in dat wij u e-mails sturen over nieuws, casestudies, hulpmiddelen en updates. Meer informatie vindt u in ons Privacybeleid.