Sec. 5704. ISOLATE RUSSIAN GOVERNMENT OFFICIALS ACT OF 2022
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## SEC. 5704 ISOLATE RUSSIAN GOVERNMENT OFFICIALS ACT OF 2022 **[**[22 U.S.C. 9522 note](/us/usc/t22/s9522)**]** ###
(a)Statement of Policy It is the policy of the United States to seek to exclude government officials of the Russian Federation, to the maximum extent practicable, from participation in meetings, proceedings, and other activities of the following organizations: ####
(1)Group of 20. ####
(2)Bank for International Settlements. ####
(3)Basel Committee for Banking Standards. ####
(4)Financial Stability Board. ####
(5)International Association of Insurance Supervisors. ####
(6)International Organization of Securities Commissions. ###
(b)Implementation The Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission, as the case may be, shall take all necessary steps to advance the policy set forth in subsection (a). ###
(c)Termination This section shall have no force or effect on the earlier of— ####
(1)the date that is 5 years after the date of the enactment of this Act; or ####
(2)the date that is 30 days after the date on which the President reports to Congress that the Government of the Russian Federation has ceased its destabilizing activities with respect to the sovereignty and territorial integrity of Ukraine. ###
(d)Waiver The President may waive the application of this section if the President reports to the Congress that the waiver is in the national interest of the United States and includes an explanation of the reasons therefor.
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Sec. 5704
ISOLATE RUSSIAN GOVERNMENT OFFICIALS ACT OF 2022
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