Kathleen A. Scott AML Act of 2020: Topics of Interest for International Banks
The National Defense Authorization Act became law on Jan. 1, 2021, after the U.S. Congress overrode a presidential veto. Division F of the act is the "Anti-Money Laundering Act of 2020." In her International Banking column, Kathleen Scott highlights a few of the AMLA provisions that may be of interest to international banks.
March 12, 2021 at 12:30 PM
10 minute read
The National Defense Authorization Act, (NDAA) became law on Jan. 1, 2021, after the U.S. Congress overrode a presidential veto. Division F of the Act is the "Anti-Money Laundering Act of 2020" (AMLA). This month's column highlights a few of the AMLA provisions that may be of interest to international banks.
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