Officials from U.S. government agencies and executives of the world's largest financial institutions comprehend their critical role in preventing terrorist groups from raising funds and are working together to achieve that objective, but more needs to be done, according to a U.S. lawmaker.
U.S. lawmakers on Wednesday unveiled a legislative package that would expand interbank data-sharing under the Patriot Act and grant federal officials new resources to identify assets linked to terrorist organizations.
U.S. lawmakers are readying a raft of legislative proposals aimed at bolstering federal oversight of trade and corporate ownership data and incentivizing foreign entities to share intelligence on suspected terror funding.
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