Code · U.S. Code · Title 31 - MONEY AND FINANCE · CHAPTER 77— ACCESS TO INFORMATION FOR DEBT COLLECTION · SUBCHAPTER II— RECORDS AND REPORTS ON MONETARY INSTRUMENTS TRANSACTIONS · § 7704

§ 7704. COORDINATION OF UNITED STATES GOVERNMENT EFFORTS.

98 words·~1 min read·/usc/title-31/section-7704

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

“The Secretary of the Treasury, or the designee of the Secretary, as the lead United States Government official to the Financial Action Task Force (FATF), shall continue to convene the interagency United States Government FATF working group. This group, which includes representatives from all relevant Federal agencies, shall meet at least once a year to advise the Secretary on policies to be pursued by the United States regarding the development of common international AML and CFT standards, to assess the adequacy and implementation of such standards, and to recommend to the Secretary improved or new standards, as necessary.”