The Anti-Money Laundering Act of 2020 Message from the FinCEN Director: 180-Day Update on AML Act Implementation and Achievements (June 30, 2021) AML/CFT Priorities (AML Act Section 6101)

2024年6月23日 · Anti-money laundering (AML) refers to legally recognized rules, national and international, that are designed to thwart hiding criminal profits inside the financial system.

The Anti-Money Laundering Improvement Act (AML) is a collection of regulations and laws in the United States aimed at combating money laundering and terrorist financing. The act builds upon the Bank Secrecy Act (BSA) , the first anti-money laundering enforcement law.

The BSA is sometimes referred to as an "anti-money laundering" (AML) law or jointly as “BSA/AML,” and is codified at 12 U.S.C. 1829b, 12 U.S.C. 1951-1960, 31 U.S.C. 5311-5314, 5316-5336, and includes notes thereto.

The BCBS’s Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Expert Group addresses any AML/CFT risk management and supervision issues in the banking sector

Money laundering is the process of making illegally-gained proceeds (i.e. "dirty money") appear legal (i.e. "clean"). Typically, it involves three steps: placement, layering and integration. First, the illegitimate funds are furtively introduced into the legitimate financial system.

2024年10月3日 · The Anti-Money Laundering Act of 2020 (the AML Act) modified subchapter II of chapter 53 of title 31 United States Code (the legislative framework commonly referred to as the BSA) and requires financial institutions to have reasonably designed risk-based programs to prevent money laundering and the financing of terrorism.

After five years of deliberation and revisions, China’s newly amended Anti-Money Laundering (AML) Law has finally been enacted and came into effect on January 1, 2025 — a long-anticipated milestone.

2024年9月30日 · The amended AML Law would define “beneficial owner” as a natural person who ultimately owns or controls a legal entity or non-legal entity, or who benefits from such entity, with specific standards to be established by the AML authorities and other relevant agencies (Art. 19).

2024年12月17日 · The Amended AML Law extends its jurisdiction to any overseas money laundering and terrorist financing activity that takes place outside the PRC but threatens China's sovereignty and security ...