Remittances and Money Laundering Risk Assessment Act of 2019 This bill requires the Department of the Treasury to assess and develop a strategy to prevent the use of remittances by certain individuals and crime syndicates for purposes of financing terrorism, narcotics trafficking, human trafficking, money laundering, and other forms of illicit financing. (Remittances are transfers of money and capital sent by migrants and foreign immigrant communities to their home countries.)
Computer security and identity theftCongressional oversightCrime preventionCriminal investigation, prosecution, interrogationDrug trafficking and controlled substancesFraud offenses and financial crimesGovernment studies and investigationsHuman traffickingIntergovernmental relationsInternational monetary system and foreign exchangeLaw enforcement administration and fundingOrganized crimeTerrorism
Remittances and Money Laundering Risk Assessment Act of 2019
USA116th CongressS-2144| Senate
| Updated: 7/17/2019
Remittances and Money Laundering Risk Assessment Act of 2019 This bill requires the Department of the Treasury to assess and develop a strategy to prevent the use of remittances by certain individuals and crime syndicates for purposes of financing terrorism, narcotics trafficking, human trafficking, money laundering, and other forms of illicit financing. (Remittances are transfers of money and capital sent by migrants and foreign immigrant communities to their home countries.)
Computer security and identity theftCongressional oversightCrime preventionCriminal investigation, prosecution, interrogationDrug trafficking and controlled substancesFraud offenses and financial crimesGovernment studies and investigationsHuman traffickingIntergovernmental relationsInternational monetary system and foreign exchangeLaw enforcement administration and fundingOrganized crimeTerrorism