United States releases U.S. Money Laundering Threat Assessment (MLTA)

Posted by Tracy Coenen on January 17, 2006 · Leave a Comment 

A government-wide analysis of the threat of money laundering in the United States has been released. Sixteen government agencies participated in assembling the data, including the Departments of Treasury, Justice, Homeland Security, the Board of Governors of the Federal Reserve System, and the United States Postal Service.

Government is focusing on money laundering because of the concern that illicit money flowing into the U.S. may facilitate terrorism and other criminal activities. The MLTA outlines traditional methods of money laundering including money transmitters, casinos, and trade-based money laundering. It also highlights emerging industries that are ripe for money laundering, such as online payment systems and stored value cards. The MLTA also includes information on each method as it relates to regulations, known patterns of abuse, and geographic concentrations.

Read the press release.


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