Counter Terrorism and Illicit Finance Act Proposal

Posted By: DeeQ

Counter Terrorism and Illicit Finance Act Proposal - 01/09/18 02:34 PM

https://democrats-financialservices.hous...finance_act.pdf

Interesting. Potential to raise CTR reporting to $30K.
Posted By: DeeQ

Re: Counter Terrorism and Illicit Finance Act Proposal - 01/09/18 02:36 PM

And the potential for Fincen amassing the records for banks to rely on for beneficial ownership of legal entities via a database.
Posted By: #Just Jay

Re: Counter Terrorism and Illicit Finance Act Proposal - 01/09/18 06:07 PM

Appears to be a complement bill building off of Royce's bill, HR 4373, introduced in November.