Support for capacity of the International Monetary Fund to prevent money laundering and financing of terrorism

  1. Law
  2. USC 22
  3. Foreign Relations And Intercourse
  4. INTERNATIONAL BUREAUS, CONGRESSES, ETC.
  5. Support for capacity of the International Monetary Fund to prevent money laundering and financing of terrorism

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§262p–13. Support for capacity of the International Monetary Fund to prevent money laundering and financing of terrorism

The Secretary of the Treasury shall instruct the United States Executive Director at the International Monetary Fund to use the voice and vote of the United States to support the increased use of the administrative budget of the Fund for technical assistance that strengthens the capacity of members of the Fund to prevent money laundering and the financing of terrorism.

(Pub. L. 95–118, title XVI, §1629, as added Pub. L. 116–92, div. F, title LXXI, §7125(a), Dec. 20, 2019, 133 Stat. 2249 .)

Repeal of Section

Pub. L. 116–92, div. F, title LXXI, §7125(b), Dec. 20, 2019, 133 Stat. 2249 , provided that, effective on the date that is 5 years after Dec. 20, 2019, this section is repealed.


Statutory Notes and Related Subsidiaries

Effective Date of Repeal

Pub. L. 116–92, div. F, title LXXI, §7125(b), Dec. 20, 2019, 133 Stat. 2249 , provided that: "Effective on the date that is 5 years after the date of the enactment of this Act [Dec. 20, 2019], section 1629 of the International Financial Institutions Act [this section], as added by subsection (a), is repealed."

Definitions

The definitions in section 262p–5 of this title apply to this section.


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