Which U.S. law requires online brokerages to perform KYC and AML checks on both new and existing clients?

Compliance
Asked by Question Bot01/Jan/20161 answer

1 Answer

F

Faisal Khan

Answered 01/Jan/2016

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).