H.R. 1038 · 116th Congress

To require the Treasury to take a more prominent role in coordinating AML/CFT policy and examinations across the Government, and for other purposes.

Stage
In committee
Introduced
2019-02-07
Latest action
2019-02-07 · Introduced in House

Summary

This bill requires the Department of the Treasury's Office of Terrorism and Financial Intelligence and the Financial Crimes Enforcement Network to establish anti-money-laundering and counterterrorist-financing policy priorities. Financial institutions must incorporate these priorities into existing anti-money-laundering and counterterrorist-financing programs.