Statements (63)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
federal law
|
| gptkbp:aimsTo |
money laundering
|
| gptkbp:amends |
USA PATRIOT Act
|
| gptkbp:appliesTo |
banks
credit unions money services businesses securities brokers |
| gptkbp:consequences |
fines
criminal charges |
| gptkbp:effectiveDate |
1970-01-01
|
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| gptkbp:enforces |
gptkb:Financial_Crimes_Enforcement_Network_(FinCEN)
|
| gptkbp:facilitates |
law enforcement investigations
|
| gptkbp:hasInventor |
tax compliance
|
| https://www.w3.org/2000/01/rdf-schema#label |
the Bank Secrecy Act
|
| gptkbp:isAttendedBy |
gptkb:Bank_Secrecy_Act_Amendments_of_2001
gptkb:Bank_Secrecy_Act_Amendments_of_2010 gptkb:Bank_Secrecy_Act_Amendments_of_2003 gptkb:Bank_Secrecy_Act_Amendments_of_2016 Anti-Money Laundering Act of 2020 |
| gptkbp:isChallengedBy |
civil liberties organizations
financial privacy advocates |
| gptkbp:isCitedIn |
legal cases
|
| gptkbp:isCriticizedFor |
privacy concerns
overreach in surveillance burden on small businesses complexity of compliance requirements lack of clarity in requirements |
| gptkbp:isDiscussedIn |
academic research
policy debates financial crime literature |
| gptkbp:isEvaluatedBy |
regulatory assessments
GAO_reports |
| gptkbp:isExaminedBy |
compliance audits
|
| gptkbp:isInfluencedBy |
international regulations
|
| gptkbp:isLocatedIn |
regulations
financial compliance officers |
| gptkbp:isMonitoredBy |
gptkb:FinCEN
|
| gptkbp:isPartOf |
anti-money laundering (AML) framework
U.S._financial_regulatory_framework U.S._anti-money_laundering_strategy U.S._Treasury_regulations U.S._financial_crime_prevention_efforts |
| gptkbp:isRelatedTo |
Know Your Customer (KYC) regulations
anti-terrorism financing efforts financial institution risk assessments Currency and Foreign Transactions Reporting Act Financial_Action_Task_Force_(FATF)_standards |
| gptkbp:isReviewedBy |
gptkb:Congress
financial regulators |
| gptkbp:isSubjectTo |
regulatory scrutiny
court challenges |
| gptkbp:isSupportedBy |
financial institutions
government agencies regulatory agencies law enforcement agencies anti-money laundering advocates |
| gptkbp:promotes |
financial transparency
|
| gptkbp:regulates |
financial institutions
|
| gptkbp:requires |
suspicious activity reports (SARs)
customer identification programs reporting of large cash transactions recordkeeping of transactions |