Congress Has Passed Sweeping Anti–Money Laundering Legislation. Now It’s Up To Trump.
Associate Sarah “Poppy” Alexander was quoted in the BuzzFeed News article, ‘Congress Has Passed Sweeping Anti–Money Laundering Legislation. Now It’s Up To Trump’ published on December 11, 2020. Following rising concerns about money laundering using the US financial system, Congress has passed new anti-money laundering legislation included in the National Defense Authorization Act (NDAA). First, it would require anonymous shell companies to disclose their true owners. Those who fail to...