To modernize and strengthen the United States anti-money laundering and counter-terrorism financing regime.
Anti-Money Laundering and Counter-Terrorism Financing Modernization Act or the AML and CTF Modernization Act
This bill directs the Department of the Treasury to increase the reporting threshold for suspicious activity reports and currency transaction reports, and otherwise revises provisions related to the sharing of information regarding suspicious financial activity.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line