Question and answer
what are some federal statutes that can be used to address terrorist financing
Federal Statutes on Terrorist Financing Greetings members of the Police and Sheriff departments for Miami-Dade Metro, this memo is in regards to federal statutes on terrorist financing and how they relate to our culturally diverse city. [ Terrorist organizations require financial funding for a variety of reasons, from supplies, to training, media exposure, even bribes. Unfortunately, much
financial support for terror groups originates from within the United States itself. In order for us to thoroughly discuss this topic, we must first look at the statutes involved in addressing this problem. We will then look at some examples where these statutes have come into effect. After that we will be able to compare what works with the current structure, and what needs to be changed. Cooperation between this agency and those of the federal government will be the next topic. Finally, informing the civilian professionals in the economic sector of the importance of public awareness and due diligence in dealing with finances will be stressed. In conclusion we will rehash all of these points. Federal Statutes Pertaining to Terrorist Financing Federal statutes relating to terrorist finances fall into two time eras, pre 9/11 and post 9/11. Prior to the formation of the Patriot Act, controlling terrorist funding revolved around anti- money laundering. The basis for this was formed in 1970 with the BSA, or Bank secrecy Act. This was based around the Currency and Foreign Transaction Reporting Act or CFTRA. This required financial institutions to report transactions of $10,000.00 or more and allowed for apprehension of criminals by paper trail. This encompasses imports and exports also in these amounts. The International Emergency Economic Powers Act or IEEPA of 1977 allowed for restrictions on transactions of foreign currency and seizure of foreign assets under U.S. jurisdiction in the case of a national emergency. The Money Laundering Control Act of 1986 criminalized transactions dealing with money obtained through illegal acts or used to conceal or further such acts. The Annunzio-Wylie Anti-Money Laundering Act of 1992 increased the penalties on institutions found guilty of money laundering. ]
Expert answered|gabYar|Points 50|
Question
Asked 5/4/2013 3:12:33 PM
Updated 5/4/2013 5:28:40 PM
1 Answer/Comment
Get an answer
New answers
Rating

There are no new answers.

Comments
When you take information from another website, please provide a link to your source. This is mentioned in the basic rules
Added 5/4/2013 5:28:40 PM
Add an answer or comment
Log in or sign up first.
19,144,649 questions answered
Popular Conversations
The slope of the line whose equation is 5x + 3y = -2 ...
Weegy: The slope of the line whose equation is 5x + 3y = -2 is a.) -5/3 User: The y-intercept of the line whose ...
1/24/2015 10:20:25 PM| 6 Answers
What is the value of b^2 - 4ac for the following equation? 2x^2 - 2x ...
Weegy: 10x^2 - 19x + 6 = 0 The solution formula is x = [-b ? sqrt (b^2 - 4ac)]/2a The numerators of the solution is: ...
1/24/2015 9:48:19 AM| 4 Answers
Which of the following constants can be added to x^2 - 3x to form a ...
Weegy: 8x^2 - 2x = 1; 8x^2 - 2x - 1= 0; (4x + 1)(2x - 1) = 0 (4x + 1) = 0; 4x = -1, x = -1/4 or (2x - 1) = 0; 2x = 1; ...
1/24/2015 9:39:47 AM| 3 Answers
Which of the following points is a solution to the system of ...
Weegy: The following points of(-3 , -2) is a solution to the system of equations shown y - x = -1 x + y = -5 . ...
1/24/2015 10:34:32 PM| 3 Answers
8y - 1 = x 3x = 2y Solve the system of equations by ...
Weegy: 2x + y = 6; y = 3x + 4 The resulting equation is 2x + (3x + 4) = 6. User: 2x + y = 7 y = x + 1 When the ...
1/24/2015 10:54:55 PM| 3 Answers
Brenda Lee has received a $10,000 gift from her mother and is trying ...
Weegy: B. return User: Terri Hamilton has just received $30,000 from an uncle who died and is trying to decide how to ...
1/24/2015 2:01:50 PM| 2 Answers
The graph of which of the following equations contains the points (2, ...
Weegy: 2x - y = 2 x + y = 4 3x = 6; x = 6/3; x = 2 2x - y = 2; 2(2) - y = 2; 4 - y = 2; -y = 2 - 4; -y = -2; y ...
1/24/2015 9:12:35 PM| 2 Answers
Weegy Stuff
S
L
Points 1635 [Total 1656]| Ratings 0| Comments 1635| Invitations 0|Offline
S
L
P
L
P
Points 1229 [Total 6506]| Ratings 0| Comments 1229| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
P
Points 563 [Total 15574]| Ratings 0| Comments 563| Invitations 0|Offline
S
L
Points 438 [Total 1119]| Ratings 2| Comments 418| Invitations 0|Offline
S
1
L
L
Points 170 [Total 6870]| Ratings 0| Comments 170| Invitations 0|Offline
S
P
C
L
P
L
1
Points 90 [Total 6678]| Ratings 1| Comments 80| Invitations 0|Offline
S
Points 87 [Total 102]| Ratings 0| Comments 87| Invitations 0|Offline
S
L
Points 73 [Total 1634]| Ratings 0| Comments 73| Invitations 0|Offline
S
Points 63 [Total 445]| Ratings 0| Comments 63| Invitations 0|Offline
S
Points 50 [Total 52]| Ratings 0| Comments 0| Invitations 5|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.