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.
On behalf of over 750 faith-based organizations, Eric LeCompte, Executive Director of Jubilee USA sent a letter to Senate leadership encouraging them to include the Anti-Money Laundering Act of 2020 in the passage of the National Defense Authorization Act.
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.
The FACT Coalition sent a letter to Senate leadership voicing support of the Anti-Money Laundering Act of 2020 (S. Amdt. 2198 to S. 4049). The bill will serve as an invaluable update to U.S. AML regulations.
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.
