How the Bank Secrecy Act Aids in the Fight Against Fraud
- posted: Apr. 18, 2024
- New Legislation
In the realm of financial regulation, the Bank Secrecy Act (BSA) stands as a cornerstone in combating money laundering, terrorist financing and other illicit activities. Enacted in 1970, the BSA Read More
Employers May Face Higher Whistleblower Risks Under New Law
- posted: Jun. 22, 2023
- Whistleblower Litigation, New Legislation
A new law regarding whistleblowers could mean new risks for employers. The Anti-Money Laundering Whistleblower Improvement Act was passed last year as part of Congress’s omnibus spending bill. The Act Read More
New Legislation Requires Shell Companies to Disclose Their Owners
- posted: Mar. 15, 2021
- Graft and Corruption, New Legislation
A new law passed in Congress in December that will, for the very first time, require shell companies to provide the names of owners, or face jail time and/or stiff Read More
