The National Association of Assistant United States Attorneys (NAAUSA) has written a letter to the leadership of the Senate Armed Services Committee supporting the Anti-Money Laundering Act of 2020 (S. 2198 to S.4049). The bill will provide much-needed updates to the current U.S. AML framework.
Main Street Alliance has sent a letter of support to Senate leadership for the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049). The bill would help protect small businesses from exploitation by anonymous shell companies.
The National District Attorneys Association has voiced its support for the Anti-Money Laundering Act of 2020 (S.Amdt.2198 to S.4049).
More than 100 national security experts sent a letter to senate leadership urging members to end the incorporation of anonymous shell companies by passing the Anti-Money Laundering Act of 2020.
The harm caused by illicit commerce, facilitated oftentimes by the abuse of anonymous companies, is far reaching.
Outside of crimes of passion—for example, murder committed in a jealous rage—criminals, criminal organizations, kleptocrats, and some businesses and corporations are motivated by greed. In today’s increasingly interconnected world, the criminal manifestations of unchecked avarice impact all of us: politically, socially, economically, and culturally. Transnational crime affects our individual and collective security.
