Sec. 9713. SENSE OF CONGRESS

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## SEC. 9713 SENSE OF CONGRESS It is the sense of Congress that— ####

(1)the efforts of the Government of the Russian Federation, Russian state-owned enterprises, and Russian oligarchs to move and disguise the source, ownership, location, or control of illicit funds or value constitute money laundering; ####

(2)such money laundering efforts could assist in the Russian Government’s ongoing political and economic influence and destabilization operations, which in turn could affect United States and European democracy, national security, and rule of law; ####

(3)the Secretary of the Treasury should determine whether Russia and the financial institutions through which the Russian Government, political leaders, state-owned enterprises, and oligarchs launder money are of primary money laundering concern; and ####

(4)the Secretary of the Treasury should consider the need for financial institutions and other obligated entities to apply enhanced due diligence measures to transactions with the Russian Government, political leaders, state-owned enterprises, and financial institutions.