Financial Action Task Force and Financial CHOICE Act: Difference between pages

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imported>Doug Williamson
(Hyphen removed from anti-money laundering. Discussion with John Grout.)
 
imported>Doug Williamson
(Expand heading.)
 
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(FATF). ''Anti money laundering.''
''US bank regulation''
An inter-governmental body whose purpose is the development and promotion of policies, both at national and international levels, to combat money laundering and terrorist financing.  
 
A bill to repeal substantial parts of the Dodd-Frank Act.
 
CHOICE is an acronym for Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs.
 
 
<span style="color:#4B0082">'''''Dodd-Frank replacement unveiled'''''</span>
 
:In an ambitious plan to undo the US Dodd-Frank financial reform law, the head of the US House of Representatives banking panel has released a second draft of a replacement act.
 
:... Republicans including President Trump believe Dodd-Frank, which has not been fully enacted, is unduly burdensome on banks and businesses, and restricts lending.
 
:''The Treasurer magazine, May 2017, p8''


It has issued a number of recommendations - the 40 Recommendations, which form the basis of most countries’ anti money laundering legislation plus 9 Special Recommendations on Terrorist financing.


== See also ==
== See also ==
* [[Financial Intelligence Units]]
* [[Dodd-Frank]]
* [[Money laundering]]
*[[Too Big To Fail]]
* [[Standardised corporate environment]]
*[[Vickers Report]]
* [[Volcker Rule]]
 
 
===Other links===
 
[http://uk.practicallaw.com/3-502-8950 Summary of the Dodd-Frank Act: Swaps and Derivatives, Practical Law]

Revision as of 18:50, 5 November 2017

US bank regulation

A bill to repeal substantial parts of the Dodd-Frank Act.

CHOICE is an acronym for Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs.


Dodd-Frank replacement unveiled

In an ambitious plan to undo the US Dodd-Frank financial reform law, the head of the US House of Representatives banking panel has released a second draft of a replacement act.
... Republicans including President Trump believe Dodd-Frank, which has not been fully enacted, is unduly burdensome on banks and businesses, and restricts lending.
The Treasurer magazine, May 2017, p8


See also


Other links

Summary of the Dodd-Frank Act: Swaps and Derivatives, Practical Law