Dodd-Frank and Due diligence: Difference between pages

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''US.''
1. The process of detailed investigation and verification of key information by a prospective investor or their representative.


Abbreviation for the Dodd-Frank Act.


In full, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.  
2. The verification of a prospective customer's identity and the nature of their business, for the purposes of preventing money laundering.
 
 
The main aims of Dodd-Frank are to:
 
# Promote the financial stability of the United States by improving accountability and transparency in the financial system;
# End "too big to fail";
# Protect US taxpayers by ending bailouts; and
# Protect consumers from abusive financial services practices.
 
 
'''Reference:'''
 
(Sample citation: Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. No. 111-203, § 929-Z, 124 Stat. 1376, 1871 (2010) (codified at 15 U.S.C. § 78o) [Bluebook R. 12.4].)
 
 
<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''




== See also ==
== See also ==
* [[Developments in corporate and market regulation: implications for the treasurer]]
* [[Bring down call]]
* [[EMIR]]
* [[Data room]]
* [[FATCA]]
* [[Money laundering]]
* [[Financial CHOICE Act]]
* [[Non-disclosure agreement]]
* [[Financial Services Committee]]
* [[P2P]]
* [[Financial Stability Oversight Council]]
* [[Independent Commission on Banking]]
* [[Know-your-customer]]
* [[Living will]]
* [[MiFID]]
*[[Ring fence]]
* [[Swap execution facility]]
*[[Too Big To Fail]]
*[[Vickers Report]]
* [[Volcker Rule]]




===Other links===
=== Other resources ===


[http://uk.practicallaw.com/3-502-8950 Summary of the Dodd-Frank Act: Swaps and Derivatives, Practical Law]
[[Media:2015_03_Mar_-_Squeaky_clean.pdf| Squeaky Clean, The Treasurer, 2015]]


[[Category:Long_term_funding]]
[[Category:Compliance_and_audit]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Risk_frameworks]]

Revision as of 09:33, 17 January 2018

1. The process of detailed investigation and verification of key information by a prospective investor or their representative.


2. The verification of a prospective customer's identity and the nature of their business, for the purposes of preventing money laundering.


See also


Other resources

Squeaky Clean, The Treasurer, 2015

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