I 

115TH CONGRESS 

2D SESSION H. R. 4768 

To require the President to develop a national strategy to combat the financial 

networks of transnational organized criminals, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

JANUARY 11, 2018 

Mr. KUSTOFF of Tennessee (for himself and Ms. SINEMA) introduced the 

following bill; which was referred to the Committee on Financial Services 

A BILL 

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, 

3 SECTION 1. SHORT TITLE. 

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

5 Combating the Financing of Transnational Criminal Or6 ganizations Act’’. 

7 SEC. 2. NATIONAL STRATEGY. 

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

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

10 Attorney General, the Secretary of State, the Secretary 


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1 of Homeland Security, the Director of National Intel2 ligence, the Secretary of Defense, the Director of the Drug 

3 Enforcement Administration, the Commissioner of Cus4 toms and Border Protection, the Director of the Office 

5 of National Drug Control Policy, and the Federal func6 tional regulators, develop a national strategy to combat 

7 the financial networks of transnational organized crimi8 nals. 

9 (b) TRANSMITTAL TO CONGRESS.— 

10 (1) IN GENERAL.—Not later than one year 

11 after the enactment of this Act, the President shall 

12 submit to the appropriate Congressional committees 

13 and make available to the relevant government agen14 cies as defined in subsection (a), a comprehensive 

15 national strategy in accordance with subsection (a). 

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

17 the national strategy under paragraph (1), the 

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

19 update the national strategy and submit the updated 

20 strategy to the appropriate Congressional commit21 tees. 

22 (c) SEPARATE PRESENTATION OF CLASSIFIED MA23 TERIAL.—Any part of the national strategy that involves 

24 information that is properly classified under criteria estab25 lished by the President shall be submitted to Congress sepVerDate Sep 11 2014 21:06 Jan 12, 2018 Jkt 079200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H4768.IH H4768

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1 arately in a classified annex and, if requested by the chair2 man or ranking member of one of the appropriate Con3 gressional committees, as a briefing at an appropriate level 

4 of security. 

5 SEC. 3. CONTENTS OF NATIONAL STRATEGY. 

6 The national strategy described in section 2 shall con7 tain the following: 

8 (1) THREATS.—An identification and assess9 ment of the most significant current transnational 

10 organized crime threats posed to the national secu11 rity of the United States, including drug and human 

12 trafficking organizations, cyber criminals, and other 

13 relevant entities, including those identified in the 

14 President’s ‘‘Strategy to Combat Transnational Or15 ganized Crime’’ (published July 2011). 

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

17 individuals, entities, and networks that provide fi18 nancial support or financial facilitation to 

19 transnational organized crime groups, and an assess20 ment of the scope and role of those providing finan21 cial support to transnational organized crime groups. 

22 (B) An assessment of methods by which 

23 transnational organized crime groups launder illicit 

24 proceeds, including trade-based money laundering, 

25 bulk cash smuggling, exploitation of shell companies, 


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1 and misuse of digital currencies and other cyber 

2 technologies, as well as an assessment of the risk to 

3 the financial system of the United States of such 

4 methods. 

5 (3) GOALS, OBJECTIVES, PRIORITIES, AND AC6 TIONS.—(A) A comprehensive, research-based, quan7 tifiable discussion of short-term and long-term goals, 

8 objectives, priorities, and actions, listed for each de9 partment and agency described under section 2(a), 

10 for combating the financing of transnational orga11 nized crime groups and their facilitators. 

12 (B) A description of how the strategy is inte13 grated into, and supports, the national security 

14 strategy, drug control strategy, and counterterrorism 

15 strategy of the United States. 

16 (4) REVIEWS AND PROPOSED CHANGES.—A re17 view of current efforts to combat the financing or fi18 nancial facilitation of transnational organized crime, 

19 including efforts to detect, deter, disrupt, and pros20 ecute transnational organized crime groups and their 

21 supporters, and, if appropriate, proposed changes to 

22 any law or regulation determined to be appropriate 

23 to ensure that the United States pursues coordi24 nated and effective efforts within the jurisdiction of 

25 the United States, including efforts or actions that 


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1 are being taken or can be taken by financial institu2 tions, efforts in cooperation with international part3 ners of the United States, and efforts that build 

4 partnerships and global capacity to combat 

5 transnational organized crime. 

6 SEC. 4. DEFINITIONS. 

7 In this Act: 

8 (1) APPROPRIATE CONGRESSIONAL COMMIT9 TEES.—The term ‘‘appropriate congressional com10 mittees’’ means— 

11 (A) the Committee on Financial Services, 

12 the Committee on Foreign Affairs, the Com13 mittee on Armed Services, the Committee on 

14 the Judiciary, the Committee on Homeland Se15 curity, and the Permanent Select Committee on 

16 Intelligence of the House of Representatives; 

17 and 

18 (B) the Committee on Banking, Housing, 

19 and Urban Affairs, the Committee on Foreign 

20 Relations, the Committee on Armed Services, 

21 the Committee on the Judiciary, the Committee 

22 on Homeland Security and Governmental Af23 fairs, and the Select Committee on Intelligence 

24 of the Senate. 


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1 (2) FEDERAL FUNCTIONAL REGULATOR.—The 

2 term ‘‘Federal functional regulator’’ has the mean3 ing given that term in section 509 of the Gramm4 Leach-Bliley Act (15 U.S.C. 6809). 

5 (3) TRANSNATIONAL ORGANIZED CRIME.—The 

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

7 self-perpetuating associations of individuals who op8 erate transnationally for the purpose of obtaining 

9 power, influence, monetary or commercial gains, 

10 wholly or in part by illegal means, while— 

11 (A) protecting their activities through a 

12 pattern of corruption or violence; or 

13 (B) while protecting their illegal activities 

14 through a transnational organizational struc15 ture and the exploitation of transnational com16 merce or communication mechanisms. 

Æ 


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