10 Mar 2025
Lessons from South Africa’s FATF greylist efforts as the US rolls back AML law
By Staff Writer
By Bradley Elliott, CEO of Anti-Money Laundering (AML) platform RelyComply The United States Treasury Department has announced the immediate suspension of the Corporate Transparency Act, which took effect on January 1, 2024, under the Joe Biden administration. This key piece of Anti-Money Laundering (AML) regulation required business owners to disclose corporate reports with information about Ultimate Beneficial Ownership...