H.R. 8816 · 116th Congress
Anti-Money Laundering Training Improvement Act
- Stage
- In committee
- Sponsor
- Ben McAdams
- Introduced
- 2020-11-24
- Latest action
- 2020-11-24 · Introduced in House
Summary
Anti-Money Laundering Training Improvement Act
This bill requires federal financial examiners to be trained annually in anti-money laundering activities and in countering the financing of terrorism. The bill also establishes a rotation program whereby personnel at certain agencies must rotate to promote greater effectiveness and efficiency in combating money laundering, the financing of terrorism, and other financial crimes.