II 

115TH CONGRESS 

1ST SESSION S. 952 

To increase the role of the financial industry in combating human trafficking. 

IN THE SENATE OF THE UNITED STATES 

APRIL 26, 2017 

Ms. WARREN (for herself and Mr. RUBIO) introduced the following bill; which 

was read twice and referred to the Committee on Banking, Housing, and 

Urban Affairs 

A BILL 

To increase the role of the financial industry in combating 

human trafficking. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘End Banking for 

5 Human Traffickers Act of 2017’’. 

6 SEC. 2. INCREASING THE ROLE OF THE FINANCIAL INDUS7 TRY IN COMBATING HUMAN TRAFFICKING. 

8 (a) TREASURY AS A MEMBER OF THE PRESIDENT’S

9 INTERAGENCY TASK FORCE TO MONITOR AND COMBAT

10 TRAFFICKING.—Section 105(b) of the Victims of TrafVerDate Sep 11 2014 04:42 Apr 27, 2017 Jkt 069200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\S952.IS S952

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1 ficking and Violence Protection Act of 2000 (22 U.S.C. 

2 7103(b)) is amended by inserting ‘‘the Secretary of the 

3 Treasury,’’ after ‘‘the Secretary of Education,’’. 

4 (b) REQUIRED REVIEW OF PROCEDURES.—Not later 

5 than 180 days after the date of enactment of this Act, 

6 the Federal Financial Institutions Examination Council 

7 shall, in consultation with the Secretary of the Treasury 

8 and other appropriate law enforcement agencies, take the 

9 following actions: 

10 (1) Review and enhance, where necessary, 

11 training and examinations procedures to improve the 

12 ability of anti-money laundering programs to target 

13 human trafficking operations. 

14 (2) Review and enhance, where necessary, pro15 cedures for referring potential human trafficking 

16 cases to the appropriate law enforcement agency. 

17 (c) INTERAGENCY TASK FORCE RECOMMENDATIONS

18 TARGETING MONEY LAUNDERING RELATED TO HUMAN

19 TRAFFICKING.— 

20 (1) IN GENERAL.—Not later than 180 days 

21 after the date of enactment of this Act, the Inter22 agency Task Force to Monitor and Combat Traf23 ficking shall prepare and submit to Congress, the 

24 Secretary of the Treasury, and each appropriate 

25 Federal banking agency a series of legislative, adVerDate Sep 11 2014 04:42 Apr 27, 2017 Jkt 069200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S952.IS S952

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1 ministrative, and regulatory recommendations, if 

2 necessary, to revise anti-money laundering programs 

3 of financial institutions in order to specifically target 

4 money laundering related to human trafficking, as 

5 described in paragraph (2). 

6 (2) REQUIRED RECOMMENDATIONS.—The rec7 ommendations required under paragraph (1) shall, 

8 at a minimum, include the following: 

9 (A) Successful anti-human trafficking pro10 grams currently in place at financial institu11 tions that are suitable for broader adoption. 

12 (B) Recommended changes, if necessary, 

13 to the internal policies, procedures, and controls 

14 at financial institutions so that such institu15 tions can better deter and detect money laun16 dering related to human trafficking. 

17 (C) Recommended changes, if necessary, to 

18 ongoing employee training programs at finan19 cial institutions so that those institutions can 

20 better equip employees to deter and detect 

21 money laundering related to human trafficking, 

22 including the training of legal counsel, risk 

23 managers, and compliance officers. 

24 (D) Recommended revisions, if necessary, 

25 to existing regulatory requirements and guideVerDate Sep 11 2014 04:42 Apr 27, 2017 Jkt 069200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\S952.IS S952

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1 lines for the reporting of suspicious trans2 actions by financial institutions, as required 

3 pursuant to section 5318(g) of title 31, United 

4 States Code, in order to facilitate the collection 

5 of data on instances of suspected human traf6 ficking. 

7 (d) ADDITIONAL REPORTING REQUIREMENT.—Sec8 tion 110(b) of the Trafficking Victims Protection Act of 

9 2000 (22 U.S.C. 7107(b)) is amended by adding at the 

10 end the following: 

11 ‘‘(4) DESCRIPTION OF EFFORTS OF UNITED

12 STATES TO ELIMINATE MONEY LAUNDERING RE13 LATED TO HUMAN TRAFFICKING.—In addition to the 

14 information required in the annual report under 

15 paragraph (1) and the interim report under para16 graph (2), the Attorney General, in consultation 

17 with the Secretary of the Treasury, shall include in 

18 each such report a description of efforts of the 

19 United States to eliminate money laundering related 

20 to human trafficking and the number of investiga21 tions, arrests, indictments and convictions in money 

22 laundering cases with a nexus to human traf23 ficking.’’. 


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1 (e) LIMITATION.—Nothing in this Act shall be con2 strued to grant rule making authority to the Interagency 

3 Task Force to Monitor and Combat Trafficking. 

4 (f) DEFINITIONS.—As used in this section— 

5 (1) the term ‘‘anti-money laundering program’’ 

6 means any program established by a financial insti7 tution pursuant to section 5318(h) of title 31, 

8 United States Code; 

9 (2) the term ‘‘appropriate Federal banking 

10 agency’’ has the meaning given the term in section 

11 3(q) of the Federal Deposit Insurance Act (12 

12 U.S.C. 1813(q)); 

13 (3) the term ‘‘human trafficking’’ means— 

14 (A) sex trafficking in which a commercial 

15 sex act is induced by force, fraud, or coercion, 

16 or in which the person induced to perform such 

17 act has not attained 18 years of age; or 

18 (B) the recruitment, harboring, transpor19 tation, provision, or obtaining of a person for 

20 labor or services, through the use of force, 

21 fraud, or coercion for the purpose of subjection 

22 to involuntary servitude, peonage, debt bondage, 

23 or slavery; 

24 (4) the term ‘‘Interagency Task Force to Mon25 itor and Combat Trafficking’’ means the Interagency 


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1 Task Force to Monitor and Combat Trafficking es2 tablished by the President pursuant to section 105 

3 of the Victims of Trafficking and Violence Protec4 tion Act of 2000 (22 U.S.C. 7103); and 

5 (5) the term ‘‘law enforcement agency’’ means 

6 an agency of the United States, a State, or a polit7 ical subdivision of a State, authorized by law or by 

8 a government agency to engage in or supervise the 

9 prevention, detection, investigation, or prosecution of 

10 any violation of criminal or civil law. 

Æ 


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