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IPFS News Link • New World Order

U.S. rule directs banks to share data abroad

• Reuters
WASHINGTON (Reuters) - A U.S. financial crime agency has adopted a rule allowing local, state and foreign police agencies to seek information from American banks, despite opposition from industry groups.

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Comment by Found Zero (11589)
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I thought it said US rule directs banks to share date with a broad. I thought it was a cost-cutting measure.