Charities in the US and money laundering
<p>What regulations apply to charities regarding money laundering?</p>
<p>Do they have any equivalent to 'know your client', like 'know your donor'?
Do they have a duty to report suspicious transactions?
Are they forced to have their accounts audited?</p>

<p>Most U.S. money laundering laws that apply to all private businesses, including reporting certain kinds of suspicious transactions and doing due diligence that a grant does not amount to support of a terrorist organization, apply to charities.</p>

united-states money-laundering charity