HR 1038 · 116th Congress · Finance and Financial Sector

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 2019-02-07· Sponsored by Rep. Riggleman, Denver [R-VA-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2019-02-07)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only