Foreign Affiliates Sharing Pilot Program Extension Act
Foreign Affiliates Sharing Pilot Program Extension Act This bill extends a pilot program that allows financial institutions to share suspicious activity reports with foreign affiliates for the purpose of combatting illicit financial activity. Currently, the program has not been implemented and is set to terminate January 1, 2024. The bill extends the termination date to three years after the Department of the Treasury issues rules for the pilot program.
Public-private cooperation
Finance and Financial Sector
Fraud offenses and financial crimes
Foreign and international corporations
Business records
← Back to Sylvia Garcia's profile