U.S. officials on Tuesday published their long-awaited roadmap for building a national database of corporate owners as mandated by the Corporate Transparency Act, or CTA, legislation widely considered the most comprehensive set of anti-money laundering reforms since 2001.
The U.S. Treasury Department is formally seeking feedback from financial institutions and other stakeholders to inform the development of a Congressionally mandated registry of U.S. beneficial owners.
Moneylaundering.com reporters Valentina Pasquali, Koos Couvée and Gabriel Vedrenne discuss important AML- and sanctions-related developments and answer questions from our readers and listeners.
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