The U.S. Patriot Act, which was drawn up in the year following the terrorist attack in New York City and at the United States Pentagon, has resulted in the change of several of the aspects of the laws in the United States. Many of the laws that this affected include the Bank Secrecy Act, the Money Laundering Control Ace and the Foreign Intelligence Surveillance Act.
The U.S. Congress set about working immediately in order to propose several bills surrounding anti-terrorism. This has had a huge effect on the capture of several people or organizations that were funding terrorist cells around the world. However, the Act itself has been a bit of a controversy as people are concerned with losing their privacy.
Many concepts are now put to use that grant financial institutions the right to thoroughly serve customer’s backgrounds. The Federal Bureau of Investigation has been give more rights concerning the tracking and tracing of cell phones and computer activities of those they are suspecting of committing any form of corruption.
And due to the nature of the investigation into the past history of a person or a future client, some officials in foreign countries are refusing to do business, as they feel this is a negative view toward their character, or rather they are insulted by the questioning of their reputation. And so many more new acts have been a result, acts such as the Security and Freedom Ensured Act, that are meant to ensure that the rights of private citizens are not being violated.
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