House Bill 6858
115th Congress(2017-2018)
To require the Treasury to take a more prominent role in coordinating AML/CFT policy and examinations across the Government, and for other purposes.
Introduced
Introduced in House on Sep 20, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6858
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
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.
September 20, 2018
09/20/2018
Referred to the House Committee on Financial Services.
09/20/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:41:31 PM