Hedge funds get new guidelines to battle money laundering

Managed Funds Association, a US-based hedge fund association, has issued guidelines for hedge funds and hedge fund managers on developing anti-money laundering programmes.

The USA Patriot Act, a new law established last October, requires each financial institution to establish an anti-money laundering programme.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump