The human rights organization Polaris has sent a letter to Senate offices supporting the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049). The bill will restrict criminal abuse of anonymous shell companies.
ActionAid USA, Bread for the World, Jubilee USA, the ONE Campaign, and Oxfam America sent a joint letter supporting the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049). The bill will update U.S. AML regulations.
Transparency International sent a letter in support of the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049) to senate offices this week. The bill will serve to update U.S. AML regulations in the face of changing global dynamics in the finance industry.
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.
