Letters

Counter Terrorism and Illicit Finance Act

Summary

SIFMA and other associations provided comments to the House of Representatives in support of the Counter Terrorism and Illicit Finance Act. We believe the bill will modernize our nation’s anti-money laundering and countering the financing of terrorism regime and help prevent the use of shell companies to launder money by cloaking the identities of their beneficial owners from law enforcement.

See also:
H.R.3321 – National Strategy for Combating Terrorist, Underground, and Other Illicit Financing Act

SIFMA along with:
The Clearing House Association
The American Bankers Association
The National Association of Federal Credit Unions
Mid-Size Bank Coalition of America
Independent Community Bankers of America
Credit Union National Association
The Financial Services Roundtable
Regional Bank Coalition
Bankers Association for Finance and Trade
Institute of International Bankers
Consumer Bankers Association

PDF

Submitted To

House of Representatives

Submitted By

SIFMA

Date

4

January

2018