Money Laundering Control Act (MLCA)
The Money Laundering Control Act of 1986 is a United States Act of Congress that made money laundering a Federal crime.
Money Services Business is a legal term defined by federal law and regulation. Part of a 1999 ruling revising the regulatory definitions of certain non-bank financial institutions for purposes of the Bank Secrecy Act (BSA)....
A potentially suspicious or money laundering situation raises a Red Flag or warning signal.