Foreign Affiliates Sharing Pilot Program Extension Act

How it moves voter issues

• +1Public safety & crime

  Extends a pilot letting banks share suspicious activity reports with foreign affiliates to fight illicit finance.

  Low confidence

  AI score: +1 from claude-opus-5-5. Compare the models

What it does

Foreign Affiliates Sharing Pilot Program Extension Act  This bill extends a pilot program that allows financial institutions to share suspicious activity reports with foreign affiliates for the purpose of combatting illicit financial activity. Currently, the program has not been implemented and is set to terminate January 1, 2024. The bill extends the termination date to three years after the Department of the Treasury issues rules for the pilot program.

Summary by the Congressional Research Service, passed house version.

Every recorded vote on it

1. Dec 12, 2023House On Motion to Suspend the Rules and Pass, as AmendedForeign Affiliates Sharing Pilot Program Extension Act396 yea 28 nayCounts toward rankings