Money Laundering Control Act
GPTKB entity
Statements (57)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:United_States_federal_law
|
| gptkbp:aims_to |
terrorist financing
|
| gptkbp:amended_by |
gptkb:Anti-Money_Laundering_Act_of_2020
USAPATRIOT Act |
| gptkbp:applies_to |
gptkb:Educational_Institution
|
| gptkbp:consequences |
financial institutions failing to comply
|
| gptkbp:defines |
money laundering
|
| gptkbp:effective_date |
gptkb:1986
|
| gptkbp:enacted_by |
gptkb:legislation
|
| gptkbp:enforces |
gptkb:Police_Department
gptkb:Financial_Crimes_Enforcement_Network_(Fin_CEN) |
| gptkbp:established |
criminal penalties for money laundering
|
| gptkbp:facilitates |
international cooperation in law enforcement
|
| gptkbp:has_goal |
to deter money laundering activities
|
| https://www.w3.org/2000/01/rdf-schema#label |
Money Laundering Control Act
|
| gptkbp:impact |
increased scrutiny of financial transactions
|
| gptkbp:includes |
civil and criminal forfeiture provisions
|
| gptkbp:influenced_by |
international anti-money laundering standards
|
| gptkbp:is_associated_with |
anti-corruption efforts
|
| gptkbp:is_challenged_by |
civil liberties organizations
|
| gptkbp:is_cited_in |
regulatory compliance guidelines
court cases involving money laundering |
| gptkbp:is_considered |
landmark legislation in financial regulation
|
| gptkbp:is_criticized_for |
burdening small financial institutions
complex compliance requirements |
| gptkbp:is_discussed_in |
legal textbooks on financial law
congressional hearings on financial crime |
| gptkbp:is_evaluated_by |
government accountability offices
|
| gptkbp:is_implemented_in |
state and local law enforcement agencies
regulations by Fin CEN |
| gptkbp:is_influenced_by |
international treaties on money laundering
|
| gptkbp:is_linked_to |
financial institution audits
global anti-money laundering initiatives |
| gptkbp:is_monitored_by |
gptkb:Office_of_Foreign_Assets_Control_(OFAC)
|
| gptkbp:is_part_of |
U. S. legislative history
U. S. national security strategy U. S. financial regulatory system U. S. anti-money laundering framework U. S. financial crime legislation |
| gptkbp:is_referenced_in |
financial compliance training materials
|
| gptkbp:is_related_to |
criminal law
financial crime prevention |
| gptkbp:is_subject_to |
judicial review
periodic reviews by Congress |
| gptkbp:is_supported_by |
law enforcement agencies
|
| gptkbp:is_used_to |
prosecute money laundering cases
|
| gptkbp:led_to |
increased regulations on banks
|
| gptkbp:promotes |
transparency in financial transactions
|
| gptkbp:provides |
guidelines for suspicious activity reports (SA Rs)
|
| gptkbp:purpose |
to combat money laundering
|
| gptkbp:related_to |
gptkb:Bank_Secrecy_Act
|
| gptkbp:requires |
reporting of suspicious activities
know your customer (KYC) policies training for employees of financial institutions |
| gptkbp:signed_by |
gptkb:Sir_Ronald_Reagan
|
| gptkbp:bfsParent |
gptkb:Racketeer_Influenced_and_Corrupt_Organizations_Act
|
| gptkbp:bfsLayer |
6
|