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The Economic Times
The Economic Times
World

Non-citizens in US face more scrutiny on bank activities after Trump order

Non-citizens in the U.S. will face greater scrutiny on their banking activities following an executive order by President Donald Trump on Tuesday, but the directive was less extensive than a previous ‌proposal floated by Treasury ⁠requiring banks ⁠to collect clients' citizenship information.

The Trump administration has proposed a number of policies that have sideswiped banks, including the idea floated earlier in the year to collect citizenship data.

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