MLCA

(redirected from Money Laundering Control Act of 1986)
AcronymDefinition
MLCAMulti Link Channel Aggregation
MLCAManitouwabing Lake Community Association (McKellar, Ontario, Canada)
MLCAMoney Laundering Control Act of 1986
MLCAMaintenance and Logistics Command Atlantic
MLCAMulti-Level Computing Architecture
MLCAMulti-Lakes Conservation Association (Commerce, MI)
MLCAMultilink Channel Aggregation
MLCAMagoun Landing Civic Association (West Islip, NY)
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References in periodicals archive ?
The Money Laundering Control Act of 1986 ("MLCA") makes it a federal crime to launder the "proceeds" from "specified unlawful activity." (71) In enacting the MLCA, Congress had two purposes in mind.
Money launderers easily avoided the BSA's requirements by structuring transactions under the $10,000 limit, so Congress amended the act with the Money Laundering Control Act of 1986 (MLCA), to prevent such circumvention.
(46) For example, the United States passed the Money Laundering Control Act of 1986, (47) which criminalized money laundering and knowing assistance in money laundering criminal acts.