IIB 

115TH CONGRESS 

2D SESSION H. R. 4768 

IN THE SENATE OF THE UNITED STATES 

MARCH 7, 2018 

Received; read twice and referred to the Committee on Banking, Housing, and 

Urban Affairs 

AN ACT 

To require the President to develop a national strategy to 

combat the financial networks of transnational organized 

criminals, and for other purposes. 

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


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1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘National Strategy for 

3 Combating the Financing of Transnational Criminal Or4 ganizations Act’’. 

5 SEC. 2. NATIONAL STRATEGY. 

6 (a) IN GENERAL.—The President, acting through the 

7 Secretary of the Treasury, shall, in consultation with the 

8 Attorney General, the Secretary of State, the Secretary 

9 of Homeland Security, the Director of National Intel10 ligence, the Secretary of Defense, the Director of the Fi11 nancial Crimes Enforcement Network, the Director of the 

12 United States Secret Service, the Director of the Federal 

13 Bureau of Investigation, the Administrator of the Drug 

14 Enforcement Administration, the Commissioner of Cus15 toms and Border Protection, the Director of the Office 

16 of National Drug Control Policy, and the Federal func17 tional regulators, develop a national strategy to combat 

18 the financial networks of transnational organized crimi19 nals. 

20 (b) TRANSMITTAL TO CONGRESS.— 

21 (1) IN GENERAL.—Not later than 1 year after 

22 the enactment of this Act, the President shall sub23 mit to the appropriate Congressional committees and 

24 make available to the relevant government agencies 

25 as defined in subsection (a), a comprehensive na26 tional strategy in accordance with subsection (a). 


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1 (2) UPDATES.—After the initial submission of 

2 the national strategy under paragraph (1), the 

3 President shall, not less often than every 2 years, 

4 update the national strategy and submit the updated 

5 strategy to the appropriate Congressional commit6 tees. 

7 (c) SEPARATE PRESENTATION OF CLASSIFIED MA8 TERIAL.—Any part of the national strategy that involves 

9 information that is properly classified under criteria estab10 lished by the President shall be submitted to Congress sep11 arately in a classified annex and, if requested by the chair12 man or ranking member of one of the appropriate Con13 gressional committees, as a briefing at an appropriate level 

14 of security. 

15 SEC. 3. CONTENTS OF NATIONAL STRATEGY. 

16 The national strategy described in section 2 shall con17 tain the following: 

18 (1) THREATS.—An identification and assess19 ment of the most significant current transnational 

20 organized crime threats posed to the national secu21 rity of the United States or to the U.S. and inter22 national financial system, including drug and human 

23 trafficking organizations, cyber criminals, 

24 kleptocrats, and other relevant state and non-state 

25 entities, including those threats identified in the 


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1 President’s ‘‘Strategy to Combat Transnational Or2 ganized Crime’’ (published July 2011). 

3 (2) ILLICIT FINANCE.—(A) An identification of 

4 individuals, entities, and networks (including ter5 rorist organizations, if any) that provide financial 

6 support or financial facilitation to transnational or7 ganized crime groups, and an assessment of the 

8 scope and role of those providing financial support 

9 to transnational organized crime groups. 

10 (B) An assessment of methods by which 

11 transnational organized crime groups launder illicit 

12 proceeds, including money laundering using real es13 tate and other tangible goods such as art and antiq14 uities, trade-based money laundering, bulk cash 

15 smuggling, exploitation of shell companies, and mis16 use of digital currencies and other cyber tech17 nologies, as well as an assessment of the risk to the 

18 financial system of the United States of such meth19 ods. 

20 (3) GOALS, OBJECTIVES, PRIORITIES, AND AC21 TIONS.—(A) A comprehensive, research-based dis22 cussion of short-term and long-term goals, objec23 tives, priorities, and actions, listed for each depart24 ment and agency described under section 2(a), for 


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1 combating the financing of transnational organized 

2 crime groups and their facilitators. 

3 (B) A description of how the strategy is inte4 grated into, and supports, the national security 

5 strategy, drug control strategy, and counterterrorism 

6 strategy of the United States. 

7 (4) REVIEWS AND PROPOSED CHANGES.—A re8 view of current efforts to combat the financing or fi9 nancial facilitation of transnational organized crime, 

10 including efforts to detect, deter, disrupt, and pros11 ecute transnational organized crime groups and their 

12 supporters, and, if appropriate, proposed changes to 

13 any law or regulation determined to be appropriate 

14 to ensure that the United States pursues coordi15 nated and effective efforts within the jurisdiction of 

16 the United States, including efforts or actions that 

17 are being taken or can be taken by financial institu18 tions, efforts in cooperation with international part19 ners of the United States, and efforts that build 

20 partnerships and global capacity to combat 

21 transnational organized crime. 

22 SEC. 4. DEFINITIONS. 

23 In this Act: 


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1 (1) APPROPRIATE CONGRESSIONAL COMMIT2 TEES.—The term ‘‘appropriate congressional com3 mittees’’ means— 

4 (A) the Committee on Financial Services, 

5 the Committee on Foreign Affairs, the Com6 mittee on Armed Services, the Committee on 

7 the Judiciary, the Committee on Homeland Se8 curity, and the Permanent Select Committee on 

9 Intelligence of the House of Representatives; 

10 and 

11 (B) the Committee on Banking, Housing, 

12 and Urban Affairs, the Committee on Foreign 

13 Relations, the Committee on Armed Services, 

14 the Committee on the Judiciary, the Committee 

15 on Homeland Security and Governmental Af16 fairs, and the Select Committee on Intelligence 

17 of the Senate. 

18 (2) FEDERAL FUNCTIONAL REGULATOR.—The 

19 term ‘‘Federal functional regulator’’ has the mean20 ing given that term in section 509 of the Gramm21 Leach-Bliley Act (15 U.S.C. 6809). 

22 (3) TRANSNATIONAL ORGANIZED CRIME.—The 

23 term ‘‘transnational organized crime’’ refers to those 

24 self-perpetuating associations of individuals who op25 erate transnationally for the purpose of obtaining 


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1 power, influence, monetary or commercial gains, 

2 wholly or in part by illegal means, while— 

3 (A) protecting their activities through a 

4 pattern of corruption or violence; or 

5 (B) while protecting their illegal activities 

6 through a transnational organizational struc7 ture and the exploitation of transnational com8 merce or communication mechanisms. 

Passed the House of Representatives March 6, 

2018. 

Attest: KAREN L. HAAS, 

Clerk. 


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