House Bill 6853
115th Congress(2017-2018)
To amend title 31, United States Code, with respect to sharing of suspicious activity reports within a financial group, 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
6853
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 allows financial institutions to share suspicious-activity reports with foreign branches and affiliates unless the foreign branch or affiliate is located in a jurisdiction that (1) is subject to countermeasures imposed by the federal government, or (2) has been deemed unable to protect the privacy and confidentiality of such information.
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