ABSTRACT
The American anti-money-laundering effort rests on the three pillars of regulation, compliance, and enforcement. The foundation for these pillars is not just the civil and criminal provisions of the money laundering laws we have already examined. A number of other laws and regulations create the basis for a comprehensive attack on money laundering that aims not only to capture and punish those who violate the law but also to prevent lawbreaking in the ˆrst place.
