H.R. 5320 · 117th Congress
Financial Crimes Enforcement Network Exchange Improvement Act
- Stage
- In committee
- Sponsor
- Ritchie Torres
- Introduced
- 2021-09-21
- Latest action
- 2021-09-21 · Introduced in House
Summary
Financial Crimes Enforcement Network Exchange Improvement Act
This bill allows relevant private sector entities to participate in the Financial Crimes Enforcement Network (FinCEN) Exchange, a voluntary information-sharing partnership between law enforcement agencies, national security agencies, financial institutions, and FinCEN to prevent money laundering, terrorism financing, organized crime, and other financial crimes.