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What repealing the US Dodd Frank Act would mean for DRC

By Laura Angela Bagnetto

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.

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This, after newly elected US president, Donald Trump, drew up a draft executive order that could see the Act rescinded if, indeed, he goes ahead and signs the order.
 

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