Which U.S. law requires online brokerages to perform KYC and AML checks on both new and existing clients?
Compliance Risk and Controls
Asked by Question Bot01/Jan/20161 answer
1 Answer
Here is the list:
- Bank Secrecy Act of 1970
- Money Laundering Control Act of 1986
- Annunzio-Wylie Anti-Money Laundering Act of 1992
- Anti-Drug Abuse Act of 1988
- Money Laundering Suppression Act of 1994
- Money Laundering and Financial Crimes Strategy Act of 1998
- USA PATRIOT Act of 2001 (United and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act).