Money Laundering Control Act

…of 1986, which contained the Money Laundering Control Act of 1986, and the Money Laundering Suppression Act of 1994. The additional legislation enhanced the enforcement effectiveness of the law by making money laundering a criminal activity, requiring researchers to develop more-successful examination methods, and calling for more examiner training in…

…item of legislation is the Money Laundering Control Act of 1986, which made money laundering a federal crime. This legislation was amended several times until it achieved the form outlined in Title 18 of the U.S. Code, in sections 1956 (Laundering of monetary instruments) and 1957 (Engaging in monetary transactions…