Why Lobbyists Are Still Fighting Congress on Money Laundering
Posted inFinancial Crimes Enforcement Network (Treasury Department) Law and Legislation McHenry, Patrick T Money Laundering National Small Business Assn Rounds, Mike Senate Committee on Banking Treasury Department United States Politics and Government

Why Lobbyists Are Still Fighting Congress on Money Laundering

A law to require disclosure of corporate ownership takes effect Jan. 1. Small businesses and banks say it would be too burdensome and are turning to lobbying and the courts to delay or block it.