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Global Focus

What repealing the US Dodd Frank Act would mean for DRC

Audio 10:00
miningmagazine.com

The Dodd-Frank Act, or the Dodd-Frank Wall Street Reform and Consumer Protection Act to give it its full name, is a United States federal law that places regulation of the financial industry in the hands of the government.

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The legislation, which was enacted in July 2010, created financial regulatory processes to limit risk by enforcing transparency and accountability.

In this week's Global Focus, RFI's Laura Angela Bagnetto takes a look at what effect repealing the Act would have on the Democratic Republic of Congo.

This, after newly elected US president, Donald Trump, drew up a draft executive order that could see the Act rescinded if, indeed, he goes ahead and signs the order.
 

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