Sec. 2. Findings
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Congress finds the following: Title II of the Countering America’s Adversaries Through Sanctions Act ( Public Law 115–44 ; 22 U.S.C. 9501 et seq.), enacted in July 2017, seeks to— punish the Russian Federation for interfering in the 2016 United States presidential election; deter Russia’s ongoing aggression in Ukraine, cyber intrusions, attacks against the United States and its partners, and human rights violations; and urge the Administration to vigorously enforce existing sanctions imposed by the United States against Russia.
Section 241(a) of the Countering America’s Adversaries Through Sanctions Act requires the Secretary of the Treasury, not later than 180 days after the date of the enactment of such Act, to submit to Congress a detailed report on senior foreign political figures and oligarchs in the Russian Federation, including the following: An identification of the most significant senior foreign political figures and oligarchs in the Russian Federation, as determined by their closeness to the Russian regime and their net worth. .
An assessment of the relationship between individuals identified under subparagraph
(A)and President Vladimir Putin or other members of the Russian ruling elite. . An identification of any indices of corruption with respect to those individuals. . The estimated net worth and known sources of income of those individuals and their family members (including spouses, children, parents, and siblings), including assets, investments, other business interests, and relevant beneficial ownership information. . An identification of the non-Russian business affiliations of those individuals. . Section 241(a) of the Countering America’s Adversaries Through Sanctions Act further requires the Secretary of the Treasury to submit to Congress a detailed report on Russian parastatal entities, including an assessment of the following: The emergence of Russian parastatal entities and their role in the economy of the Russian Federation. . The leadership structures and beneficial ownership of those entities. . The scope of the non-Russian business affiliations of those entities. . On January 29, 2018, the Secretary of the Treasury submitted to Congress the report required by section 241 of the Countering America’s Adversaries Through Sanctions Act, which included the names of 114 senior foreign political figures and 96 oligarchs. The list of the senior foreign political figures and oligarchs in the report corresponds identically to lists on the English-language websites of the Kremlin, the Government of the Russian Federation, and the Russian edition of the Forbes billionaires list. The list omits any description of the relationship between individuals identified in the report and indices of corruption with respect to those individuals.
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