Code · BILL · 118th Congress · S. 3643 (Introduced in Senate) — To improve the prohibitions on money laundering, and for other purposes. · Sec. 7

Sec. 7. Prohibiting money laundering through hawalas, other informal value transfer systems, and closely related transactions

43 words·~1 min read·/bill/118/s/3643/is/section-7

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The matter following section 1956(a)(1)(B)(ii) of title 18, United States Code, is amended by striking For purposes of this paragraph, a financial transaction and inserting For purposes of this paragraph and section 1957, a financial transaction or a monetary transaction, as applicable, .