PRESIDENT DONALD TRUMP SIGNS HEZBOLLAH INTERNATIONAL FINANCING PREVENTION AMENDMENTS ACT INTO LAW

PRESIDENT DONALD TRUMP SIGNS HEZBOLLAH INTERNATIONAL FINANCING PREVENTION AMENDMENTS ACT INTO LAW

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US President Trump today signed the HIFPAA into law. The Act targets individuals and companies that provide financial, material or technological support to Hezbollah. It also targets Hezbollah-controlled social and financial organizations.

Readers who are not familiar with the provisions of HR 3329, can read the complete text here.

Chronicles of Monte Friesner - Financial Crime Analyst 

Contributed by Kenneth Rijock - Financial Crime Consultant