Bank Secrecy Reporting Review Act

H.R.6789 - To require certain Federal financial regulators to carry out an independent study of their regulated entities' processes for allowing third parties to access consumer-authorized financial data, ALL PROVISIONS H.R.6849 - Bank Secrecy Innovation Act- To amend title 31, United States Code, to encourage the use of technological innovations, and for other purposes, ALL PROVISIONS H.R.6850 - Financial Reporting Threshold Modernization Act- To update thresholds for certain currency transaction reports and suspicious activity reports, and for other purposes, ALL PROVISIONS H.R.6851 - Bank Secrecy Reporting Review Act- To direct the Attorney General to assess the usefulness of Bank Secrecy Act reporting, and for other purposes, ALL PROVISIONS H.R.6853 - To amend title 31, United States Code, with respect to sharing of suspicious activity reports within a financial group, and for other purposes, ALL PROVISIONS H.R.6861 - To amend title 31, United States Code, with respect to FinCEN no-action letters, and for other purposes, ALL PROVISIONS S.3577 - Financial Stability Oversight Council Improvement Act of 2018- To amend the Financial Stability Act of 2010 to require the Financial Stability Oversight Council to consider alternative approaches before determining that a U.S. nonbank financial company shall be supervised by the Board of Governors of the Federal Reserve System, and for other purposes (Mike Rounds, SD), ALL PROVISIONS H.R.7383 - Too Big To Fail, Too Big To Exist Act- To break up large financial entities (Brad Sherman, D-CA), ALL PROVISIONS H.R.7394 - To prohibit the Federal financial regulators from requiring compliance with the accounting standards update of the Financial Accounting Standards Board related to current expected credit loss ("CECL"), to require the Securities and Exchange Commission to take certain impacts of a proposed accounting principle into consideration before accepting the principle, and for other purposes (Blaine Luetkemeyer, R-MO), ALL PROVISIONS

Client expense: $560,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Federal Aviation Administration (FAA), Federal Election Commission (FEC), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Highway Traffic Safety Administration (NHTSA), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)

H.R.6789 - To require certain Federal financial regulators to carry out an independent study of their regulated entities' processes for allowing third parties to access consumer-authorized financial data, ALL PROVISIONS H.R.6849 - Bank Secrecy Innovation Act- To amend title 31, United States Code, to encourage the use of technological innovations, and for other purposes, ALL PROVISIONS H.R.6850 - Financial Reporting Threshold Modernization Act- To update thresholds for certain currency transaction reports and suspicious activity reports, and for other purposes, ALL PROVISIONS H.R.6851 - Bank Secrecy Reporting Review Act- To direct the Attorney General to assess the usefulness of Bank Secrecy Act reporting, and for other purposes, ALL PROVISIONS H.R.6853 - To amend title 31, United States Code, with respect to sharing of suspicious activity reports within a financial group, and for other purposes, ALL PROVISIONS H.R.6861 - To amend title 31, United States Code, with respect to FinCEN no-action letters, and for other purposes, ALL PROVISIONS

Client expense: $500,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Federal Aviation Administration (FAA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Highway Traffic Safety Administration (NHTSA), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)