das Geldwäschegesetz
Translation
Money Laundering Act, Anti-Money Laundering Act
Examples
Das neue Geldwäschegesetz ist sehr streng.
The new Money Laundering Act is very strict.
Banken müssen das Geldwäschegesetz beachten.
Banks must comply with the Money Laundering Act.
Grammar Patterns
the Money Laundering Act ((as subject)) The Money Laundering Act regulates reporting obligations.
Similar Words
Synonyms: Anti-Geldwäsche-Gesetz
Etymology
Compounded from Geld (money) + Wäsche (washing) + Gesetz (law). Literally a 'money-washing law'.
Memory Tips
Visualize a law book (Gesetz) that prohibits literally washing (Wäsche) dirty money (Geld) to make it 'clean'.