EB-5 policy with 21st century policy standards in fraud deterrence , national security , and movement of capital internationally .
In the last few years , Invest In the USA ( IIUSA ) has worked tirelessly to develop meaningful self-regulatory processes that hold its members and the industry to the highest standards of ethical business practices . Additionally , IIUSA has a long history of supporting reforms that would improve program integrity , including those proposed by the legislative and executive branches . Several pieces of EB-5 legislation have been introduced in Congress . Following a process of constructive engagement and comprise , these pieces of legislation are now under consideration as a single and broadly supported reform and reauthorization bill .
Code of Ethics and Best Practices
Since 2014 , IIUSA ’ s membership has approved five new and updated several other best practices ’ documents that strive to hold its members and the industry to the highest standards possible . This includes the Code of Ethics and Standards for Professional Conduct , which was approved , hand-inhand , with an enforcement procedures process . In an effort to promote self-regulation of the industry , as well as encourage all people and organizations in the industry , the enforcement procedures include a vehicle to file complaints against bad actors , along with a detailed process on how these complaints are handled internally .
IIUSA has recommended best practices for regional centers , anti-money laundering / know your customer efforts , engaging with sales intermediaries , and in terms of compliance with securities laws . These combined with the Code of Ethics , along with enforcement of the established complaint process , set a high bar for how the industry is expected to operate . Lastly , IIUSA uses its various educational offerings ( publications , conferences , etc .) to keep the industry informed of essential intelligence on compliance , market dynamics , and ever-evolving best practices . Long story short , EB-5 is not a spectator sport .
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