USA. How Trump’s Anti-Money Laundering Rollback Could Help LatAm Criminals
USA. How Trump’s Anti-Money Laundering Rollback Could Help LatAm Criminals
Experts say that the administration of President Donald Trump may be making it easier for criminals to get away with money laundering and bribery by abandoning the enforcement of laws that crack down on shell companies and corporate graft.
The Trump administration has said it will largely stop enforcing two key laws in the United States: the Corporate Transparency Act (CTA), which aimed to curb money laundering through shell companies, and the Foreign Corrupt Practices Act (FCPA), which bans bribery in international business deals.
Trump’s team has also moved to disband several specialized law enforcement units in the US Justice Department that focused on fighting corruption abroad. The administration is also reportedly considering severe cuts to the unit that tackles corruption inside the United States. (INSIGHT CRIME, USA, 26.03.2025)
https://insightcrime.org/news/how-trumps-anti-money-laundering-rollback-could-help-latam-criminals