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How does the USA PATRIOT Act affect international business?

✍ Scribed by Enger McCartney-Smith; Neil Boyden Tanner


Publisher
John Wiley and Sons
Year
2002
Tongue
English
Weight
77 KB
Volume
13
Category
Article
ISSN
1044-8136

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✦ Synopsis


Abstract

Congress passed the USA PATRIOT Act to combat terrorist money laundering. But the law isn't confined just
to banks, say the attorney authors of this article. Many types of U.S. companies can be affected. However, many
companies—both domestic and foreign—are reluctant to reveal security breaches or questionable
transactions, fearing public disclosure. Are these fears justified? And what about the USA PATRIOT Act's
expansion of the federal government's power to investigate foreign businesses? © 2002 Wiley
Periodicals, Inc.