USA ENABLERS ACT STALLED AS SENATE REFUSES TO ADD TEXT TO DEFENCE USA APPROPRATION BILL
January 22nd, 2023
A planned expansion of USA anti-money laundering (AML) laws to cover so-called ‘gate-keeper professions’ including company service providers and lawyers, has been halted by the US Senate, which refused to write the law into the 2023 annual defence appropriations law.
This was the method by which the major Anti-Money Laundering Act (AMLA) was passed in 2020. But the Senate, despite its continuing Democratic majority and support for the new AML reform from US President Joe Biden, failed to follow suit last month (December 2022). It refused to integrate a new ...
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