Dolar, Burak; Shughart, William F. - In: Journal of Money Laundering Control 10 (2007) 3, pp. 300-317
Purpose – Title III of the USA Patriot Act obligated the private sector to take a more active role in deterring money laundering and disrupting terrorist financing. Complying with the new law has increased the cost of doing business dramatically for firms in the financial services industry....