AML Whistleblower Rewards Law Could Be A Game Changer

Law360 (December 18, 2020, 3:57 PM EST) -- The annual U.S. Department of Defense authorization that Congress recently passed includes the Anti-Money Laundering Act, a comprehensive reform of anti-money laundering laws.

Recognizing the success of whistleblower incentives in combatting fraud against the government, securities fraud, tax fraud, commodities fraud and other types of fraud, Congress included in the AMLA a provision that incentivizes whistleblowers to report violations of the anti-money laundering laws to the U.S. Department of the Treasury.

The AMLA also protects whistleblowers who suffer retaliation for reporting such violations to their employer or the government. Encouraging whistleblowers to take the extraordinary risk of exposing money laundering could...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!