Anti-Money Laundering Act of 2020

URI: https://gptkb.org/entity/Anti-Money_Laundering_Act_of_2020
GPTKB entity
Statements (24)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:administeredBy gptkb:Financial_Crimes_Enforcement_Network
gptkbp:amendedBy gptkb:Bank_Secrecy_Act
gptkbp:appliesTo corporations
financial institutions
gptkbp:approvedBy subpoenas for foreign bank records
gptkbp:citation gptkb:Public_Law_116-283,_Division_F
gptkbp:dateEnacted January 1, 2021
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:establishes gptkb:FinCEN_Exchange
beneficial ownership reporting requirements
gptkbp:expansion whistleblower protections
https://www.w3.org/2000/01/rdf-schema#label Anti-Money Laundering Act of 2020
gptkbp:improves penalties for Bank Secrecy Act violations
gptkbp:partOf gptkb:National_Defense_Authorization_Act_for_Fiscal_Year_2021
gptkbp:powers anti-money laundering enforcement
gptkbp:protectedBy whistleblowers
gptkbp:purpose combat money laundering and terrorist financing
gptkbp:requires creation of a beneficial ownership database
reporting of beneficial ownership information to FinCEN
gptkbp:signedBy gptkb:Donald_Trump
gptkbp:bfsParent gptkb:National_Defense_Authorization_Act_for_Fiscal_Year_2021
gptkb:Financial_Crimes_Enforcement_Network
gptkbp:bfsLayer 5