S.Res.616 - A resolution to authorize the production of records by the Permanent Subcommittee on Investigations of the Committee on Homeland Security and Governmental Affairs.112th Congress (2011-2012)
Summary: S.Res.616 — 112th Congress (2011-2012)
Passed Senate without amendment (12/13/2012)
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Authorizes the Chairman and Ranking Minority Member of the Permanent Subcommittee on Investigations of the Committee on Homeland Security and Governmental Affairs, acting jointly, to provide to law enforcement officials, regulatory agencies, and other entities or individuals duly authorized by federal, state, or foreign governments records of the Subcommittee's investigation into the anti-money laundering and terrorist financing vulnerabilities created when a global bank uses its U.S. affiliate to provide U.S. dollars and services, and access to the U.S. financial system, to high risk affiliates, correspondent banks, and clients.