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Markets·Unverified·Live
Proposal to overhaul anti-money-laundering rules
Updated ·First reported ·1 source
Summary
US regulators have proposed an overhaul of anti-money-laundering rules. The plan, unveiled Tuesday, is expected to be welcomed by Wall Street banks. The proposal follows recent policy wins for the financial sector under the Trump administration.
Key Facts
- •US regulators proposed an overhaul of rules intended to prevent money laundering.[1]confirmed
- •The move is likely to be welcomed by Wall Street and follows policy changes pushed by banks under the Trump administration.[1]confirmed
Locations
United StatesUnited States, North America
37.09, -95.71Wall StreetUnited States, New York
40.71, -74.01Sources (1)
- initial report
Changelog
initial reportv1
Automated synthesis
Show summary
US regulators have proposed an overhaul of anti-money-laundering rules. The plan, unveiled Tuesday, is expected to be welcomed by Wall Street banks. The proposal follows recent policy wins for the financial sector under the Trump administration.
- • US regulators proposed an overhaul of rules intended to prevent money laundering.
- • The move is likely to be welcomed by Wall Street and follows policy changes pushed by banks under the Trump administration.