Dirty Money! Part 3-Global Organizations and Laws to Combat Money Laundering

The video discusses how terrorist organizations fund their operations through both illegal and legitimate means, and the methods they use to launder money. It highlights global efforts to combat money laundering, focusing on the Financial Action Task Force (FATF) and its collaboration with international bodies. The video also covers US-specific legislation and agencies, such as the Patriot Act, FinCEN, OFAC, and the Bank Secrecy Act, which play crucial roles in anti-money laundering (AML) and counter-terrorism financing efforts.

What are some criminal activities that terrorists may engage in to raise funds?

How do terrorists typically launder money?

What is the role of the Financial Action Task Force (FATF) in combating money laundering?

What impact did the September 11 attacks have on money laundering laws worldwide?

What are the compliance obligations imposed by the Bank Secrecy Act (BSA)?