Sec. 6111. INCREASING TECHNICAL ASSISTANCE FOR INTERNATIONAL COOPERATION
370 words·~2 min read·
/statute-compilations/comps-16736/sec-6111A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 6111 INCREASING TECHNICAL ASSISTANCE FOR INTERNATIONAL COOPERATION ###
(a)Authorization of Appropriations ####
(1)In general There is authorized to be appropriated to the Secretary for the purpose described in paragraph
(2)$60,000,000 for each of fiscal years 2020 through 2024. ####
(2)Purpose described The purpose described in this paragraph is the provision of technical assistance to foreign countries, and financial institutions in foreign countries, that promotes compliance with international standards and best practices, including in particular international standards and best practices relating to the establishment of effective anti-money laundering programs and programs for countering the financing of terrorism. ####
(3)Sense of congress It is the sense of Congress that this subsection could affect a number of Federal agencies and departments and the Secretary should, as appropriate, consult with the heads of those affected agencies and departments, including the Attorney General, in providing the technical assistance required under this subsection. ###
(b)Report on Technical Assistance Provided by Office of Technical Assistance ####
(1)In general Not later than 1 year after the date of enactment of this Act, and every 2 years thereafter for 5 years, the Secretary shall submit to Congress a report on the assistance described in subsection (a)(2) provided by the Office of Technical Assistance of the Department of the Treasury. ####
(2)Elements Each report required under paragraph
(1)shall include— #####
(A)a description of the strategic goals of the Office of Technical Assistance in the year preceding submission of the report, including an explanation of how technical assistance provided by the Office in that year advanced those goals; #####
(B)a description of technical assistance provided by the Office in that year, including the objectives and delivery methods of the assistance; #####
(C)a list of beneficiaries and providers (other than Office staff) of the technical assistance during that year; and #####
(D)a description of how— ######
(i)technical assistance provided by the Office complements, duplicates, or otherwise affects or is affected by technical assistance provided by the international financial institutions (as defined in section 1701(c) of the International Financial Institutions Act (22 U.S.C. 262r(c))); and ######
(ii)efforts to coordinate the technical assistance described in clause (i).
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 6111
INCREASING TECHNICAL ASSISTANCE FOR INTERNATIONAL COOPERATION
Cites 1Cited by 0 across 0 sources