The National Association of Federally-Insured Credit Unions (NAFCU) has written a letter to Senate leadership urging support for the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049). The bill would help update U.S. AML legislation and protect personal and small businesses.
The Coalition for Integrity has expressed its support for the Anti-Money Laundering Act of 2020 (S. Amdt.2198 to S.4049). The bill will help protect the integrity of the American financial system.
The U.S. Chamber of Commerce just announced its support for the ILLICIT CASH Act (S. 2563), the predecessor of the Anti-Money Laundering Act that is filed as an amendment (S.Amdt.2198) to the National Defense Authorization Act. This marks the first time that the U.S. Chamber of Commerce has backed legislation requiring beneficial ownership transparency.
CEOs representing 15 major businesses have signed a letter addressed to the Senate Banking committee supporting the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049). The bill will help protect businesses from predation by criminals using anonymous shell companies.
Jubilee USA has sent a letter to Senate offices urging members to support the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049). The bill will help law enforcement unmask human traffickers, fraudsters, corrupt officials, and protect the vulnerable.
A group of Bank Trade Groups have released a letter to Senate Armed Services Committee leadership voicing support for the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049). The bill will play a key role in modernizing U.S. AML regulations.
