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==History of Anti-Money Laundering Legislation== ...ut the prior written consent of the FDIC, any person from participating in banking who has been convicted of a crime of dishonesty or breach of trust or money ...

...ass-Steagall Act''' prohibited a bank from offering investment, commercial banking, and insurance services.<br> ...y, and in 1997 formed the conglomerate Citigroup, a corporation combining banking and insurance underwriting services. Other major mergers in the financial s ...

...United States. It was originally passed in 1970, and is enforced by the US Federal Trade Commission and private litigants. ...o maintain certain records, to require that certain transactions in United States currency be reported to the Department of the Treasury, and for other purpo ...

...called '''Sarbanes–Oxley''', '''SarBox''' or '''SOX''', is a United States federal law enacted on July 30, 2002. It is named after sponsors U.S. Senator Paul ...s to comply with the new law. Harvey Pitt, the 26th chairman of the United States Securities and Exchange Commission (SEC), led the SEC in the adoption of do ...

...ts' names, home and email addresses, telephone numbers and sometimes their banking details * Stealing cheques (checks) to acquire banking information, including account numbers and Routing transit number ...

...the same and fails to deliver it to the officer or employee of the United States entitled to receive it; (B) information from any department or agency of the United States; or ...

...edit card fraud is also an adjunct to [[identity theft]]. According to the Federal Trade Commission, while identity theft had been holding steady for the last ...transactions this translates to billions of dollars. In 2006, fraud in the United Kingdom alone was estimated at £535 million or US $750–830 million at preva ...

...gration authorities in detaining and deporting [[Immigration in the United States|immigrants]] suspected of terrorism-related acts. The act also expanded the ...House of Representatives|House]] by 357 to 66 (of 435) and in the [[United States Senate|Senate]] by 98 to 1 and was supported by members of both the Republi ...

In recent years, the Federal Trade Commission has actively asserted its authority to challenge Internet ...formation regarding children. Muris has also held out the possibility that federal regulators will seed lists with names to monitor promises made to consumers ...