Anti-Money Laundering Whistleblower Improvement Act
United States117th CongressS-3316Senate
Updated: Dec 8, 2022
Summary
Anti-Money Laundering Whistleblower Improvement Act This bill revises the management of whistleblower incentive awards for individuals providing original information relating to illegal monetary transactions, money laundering, or other financial crimes. Specifically, the bill establishes a minimum award for whistleblowers of not less than 10 percent of the collected monetary sanctions. Further, the bill establishes the Financial Integrity Fund for the payment of such awards. The fund is comprised of collected monetary sanctions and investments of the fund.
Bill texts
All available records shown.
Timeline
Measure laid before Senate by unanimous consent. (consideration: CR S7037-7038)
Senate
Message on Senate action sent to the House.
Senate
Received in the House.
House of Representatives
Held at the desk.
House of Representatives