Sec. 4. Determinations with respect to primary money laundering concern relating to financing of illicit fentanyl and other controlled substances
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/bill/118/s/5202/is/section-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If the Secretary of the Treasury determines that 1 or more financial institutions operating outside of the United States, 1 or more classes of transactions within, or involving, a jurisdiction outside of the United States, or 1 or more types of accounts within, or involving, a jurisdiction outside of the United States, is of primary money laundering concern in connection with the financing of illicit fentanyl and other controlled substances, the Secretary of the Treasury may, by order, regulation, or otherwise as permitted by law, require domestic financial institutions and domestic financial agencies to take one or more of the special measures described in section 5318A(b) of title 31, United States Code.