Anti-Money Laundering (AML) laws
GPTKB entity
Statements (29)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:law
|
| gptkbp:appliesTo |
banks
credit unions financial institutions money service businesses |
| gptkbp:enforcedBy |
gptkb:Financial_Crimes_Enforcement_Network_(FinCEN)
gptkb:Financial_Action_Task_Force_(FATF) regulatory authorities worldwide |
| https://www.w3.org/2000/01/rdf-schema#label |
Anti-Money Laundering (AML) laws
|
| gptkbp:notableCase |
gptkb:USA_PATRIOT_Act
gptkb:Bank_Secrecy_Act_(BSA) gptkb:EU_Anti-Money_Laundering_Directives |
| gptkbp:originatedIn |
gptkb:United_States
1970s |
| gptkbp:penalty |
gptkb:crime
fines loss of license |
| gptkbp:purpose |
prevent money laundering
detect financial crimes |
| gptkbp:relatedTo |
Counter-Terrorism Financing (CTF) laws
|
| gptkbp:requires |
record keeping
risk assessment employee training customer due diligence suspicious activity reporting |
| gptkbp:scope |
international
|
| gptkbp:bfsParent |
gptkb:KYC_Guidelines
gptkb:Foreign_Exchange_Compliance_Department |
| gptkbp:bfsLayer |
7
|