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H.R. 6872

To support the capacity of the International Monetary Fund to prevent money laundering and financing of terrorism.

This bill amends the International Financial Institutions Act to require: (1) the Department of the Treasury to instruct the U.S. Executive Director at the International Monetary Fund (IMF) to support the use of the IMF's administrative budget for technical assistance that strengthens the capacity of IMF members to prevent money laundering and terrorism financing, and (2) the National Advisory Council on International Monetary and Financial Policies to report on the effectiveness of such assistance and on the efficacy of U.S. efforts to achieve this goal.

Referred to the House Committee on Financial Services.

Rep. Moore, Gwen [D-WI-4](D-WI)Sponsor
3 cosponsors1 D2 R
3cosponsors1committees3actions6subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

To support the capacity of the International Monetary Fund to prevent money laundering and… — Informed