Compliance Tips Regarding Anti-Money Laundering

Longfellow, Tom
September 2006
Journal of Financial Planning;Sep2006 Supplement, p15
Academic Journal
This article provides advice for meeting U.S. federal anti-money laundering regulations. Money laundering has become a significant concern since the terrorist attacks of September 11, 2001 on the United States, as U.S. federal officials have become wary of organizations that launder money to finance terrorism. A series of suspicious activity indicators for banking customers are also provided, including checks on customer behavior, the opening of multiple bank accounts, and frequent account activity.


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