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

Asked Jan 1, 2016· 1 answer ·United States
Faisal KhanAnswered Jan 1, 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).
Anti-Money Laundering (AML)Know Your Customer (KYC)AML Policies and ProceduresAML Program United States
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