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Bill would ease regulator grips on Somali transfers - St. Cl

Posted: Tue May 13, 2014 11:00 pm
by newsbot
AUTO NEWS POST (beta).

St. Cloud TimesThose transfers, known as remittances, help form the backbone of the economy in Somalia. But over the last decade, many American banks quit working with Somali money transfer operators over fears of breaking anti-terrorism laws. The bill, sponsored by ...

http://news.google.com/news/url?sa=t&fd ... s/9065373/