The Financial Crimes Enforcement Network (FinCEN) has issued a notice warning financial institutions about Anti-Money Laundering (AML) Act efforts related to trade in antiquities and art.
The AML Act requires the secretary of the Treasury to perform a study of money laundering and the financing of terrorism through the trade in works of art.
Read on for more from FinCEN, which is encouraging financial institutions to continue filing suspicious activity reports on these topics.
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