transaction may be conducted, as a condition of 
opening or maintaining such account— 
‘‘(A) to identify each customer (and rep-
resentative of such customer) of such financial 
institution who is permitted to use, or whose 
transactions are routed through, such payable- 
through account; and 
‘‘(B) to obtain, with respect to each such 
customer (and each such representative), infor-
mation that is substantially comparable to that 
which the depository institution obtains in the 
ordinary course of business with respect to its 
customers residing in the United States. 
‘‘(4) INFORMATION RELATING TO CERTAIN COR-
RESPONDENT ACCOUNTS.—If the Secretary finds a 
jurisdiction outside of the United States, 1 or more 
financial institutions operating outside of the United 
States, or 1 or more classes of transactions within, 
or involving, a jurisdiction outside of the United 
States to be of primary humanitarian concern, the 
Secretary shall require any domestic financial insti-
tution or domestic financial agency that opens or 
maintains a correspondent account in the United 
States for a foreign financial institution involving 
any such jurisdiction or any such financial institu-
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tion operating outside of the United States, or a cor-
respondent account through which any such trans-
action may be conducted, as a condition of opening 
or maintaining such account— 
‘‘(A) to identify each customer (and rep-
resentative of such customer) of any such finan-
cial institution who is permitted to use, or 
whose transactions are routed through, such 
correspondent account; and 
‘‘(B) to obtain, with respect to each such 
customer (and each such representative), infor-
mation that is substantially comparable to that 
which the depository institution obtains in the 
ordinary course of business with respect to its 
customers residing in the United States. 
‘‘(5) PROHIBITIONS OR CONDITIONS ON OPEN-
ING OR MAINTAINING CERTAIN CORRESPONDENT OR 
PAYABLE-THROUGH
ACCOUNTS.—If the Secretary 
finds a jurisdiction outside of the United States, 1 
or more financial institutions operating outside of 
the United States, or 1 or more classes of trans-
actions within, or involving, a jurisdiction outside of 
the United States to be of primary humanitarian 
concern, the Secretary, in consultation with the Sec-
retary of State, the Attorney General, and the 
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Chairman of the Board of Governors of the Federal 
Reserve System, shall prohibit, or impose conditions 
upon, the opening or maintaining in the United 
States of a correspondent account or payable- 
through account by any domestic financial institu-
tion or domestic financial agency, if such cor-
respondent account or payable-through account in-
volves any such jurisdiction or institution, or if any 
such transaction may be conducted through such 
correspondent account or payable-through account. 
‘‘(c) CONSULTATIONS
AND INFORMATION TO BE 
CONSIDERED IN FINDING JURISDICTIONS, INSTITUTIONS, 
TYPES OF ACCOUNTS, OR TRANSACTIONS TO BE OF PRI-
MARY HUMANITARIAN CONCERN.— 
‘‘(1) IN GENERAL.—In making a finding that 
reasonable grounds exist for concluding that a juris-
diction outside of the United States, 1 or more fi-
nancial institutions operating outside of the United 
States, 1 or more classes of transactions within, or 
involving, a jurisdiction outside of the United States, 
or 1 or more types of accounts is of primary human-
itarian concern so as to authorize the Secretary of 
the Treasury to take 1 or more of the special meas-
ures described in subsection (b), the Secretary shall 
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consult with the Secretary of State, the Attorney 
General, and the Secretary of Commerce. 
‘‘(2) ADDITIONAL CONSIDERATIONS.—In mak-
ing a finding described in paragraph (1), the Sec-
retary shall consider in addition such information as 
the Secretary determines to be relevant, including 
the following potentially relevant factors: 
‘‘(A) JURISDICTIONAL
FACTORS.—In the 
case of a particular jurisdiction— 
‘‘(i) covered human rights violations 
have been or are being committed by an in-
dividual, group of individuals, corporation, 
organization, government, or other state or 
non-state actor, and that they have trans-
acted business in that jurisdiction; 
‘‘(ii) the extent to which covered 
human rights violations in that jurisdiction 
enable, support, or are connected to trans-
acted business therein; 
‘‘(iii) the substance and quality of ad-
ministration of the human rights laws of 
that jurisdiction pertaining to covered 
human rights violations; 
‘‘(iv) the jurisdiction is characterized 
as committing covered human rights viola-
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tions by credible international organiza-
tions or multilateral expert groups; 
‘‘(v) the jurisdiction is characterized 
by a disregard for human rights; or 
‘‘(vi) whether the United States has 
issued or maintained formal genocide or 
crimes against humanity determinations 
covering that jurisdiction within the pre-
vious 5 years. 
‘‘(B) INSTITUTIONAL
FACTORS.—In the 
case of a decision to apply 1 or more of the spe-
cial measures described in subsection (b) only 
to a financial institution or institutions, or to a 
transaction or class of transactions, or to a type 
of account, or to all 3, within or involving a 
particular jurisdiction— 
‘‘(i) such financial institutions, classes 
of transactions, or types of accounts are 
used to facilitate or promote covered 
human rights violations in or through the 
jurisdiction; and 
‘‘(ii) whether such action is sufficient 
to ensure, with respect to transactions in-
volving the jurisdiction and institutions op-
erating in the jurisdiction, that the pur-
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poses of this subchapter continue to be ful-
filled, and to guard against covered human 
rights violations. 
‘‘(d) NOTIFICATION
OF SPECIAL MEASURES IN-
VOKED BY THE SECRETARY.—Not later than 10 days 
after the date of any action taken by the Secretary of the 
Treasury under subsection (a)(1), the Secretary shall no-
tify, in writing, the Committee on Financial Services of 
the House of Representatives, the Committee on Foreign 
Affairs of the House of Representatives, the Committee 
on Banking, Housing, and Urban Affairs of the Senate, 
and the Committee on Foreign Relations of the Senate 
of any such action. 
‘‘(e) DUE DILIGENCE FOR UNITED STATES PRIVATE 
BANKING AND CORRESPONDENT BANK ACCOUNTS IN-
VOLVING FOREIGN PERSONS.— 
‘‘(1) IN GENERAL.—Each financial institution 
that establishes, maintains, administers, or manages 
a private banking account or a correspondent ac-
count in the United States for a non-United States 
person, including a foreign individual visiting the 
United States, or a representative of a non-United 
States person shall establish appropriate, specific, 
and, where necessary, enhanced, due diligence poli-
cies, procedures, and controls that are reasonably 
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designed to detect and report instances of covered 
human rights violations through those accounts. 
‘‘(2) ADDITIONAL
STANDARDS
FOR
CERTAIN 
CORRESPONDENT ACCOUNTS.— 
‘‘(A) IN
GENERAL.—Subparagraph (B) 
shall apply if a correspondent account is re-
quested or maintained by, or on behalf of, a 
foreign bank operating— 
‘‘(i) under an offshore banking li-
cense; or 
‘‘(ii) under a banking license issued 
by a foreign country that has been des-
ignated— 
‘‘(I) as noncooperative with inter-
national human rights principles or 
procedures by the United States or an 
intergovernmental group or organiza-
tion of which the United States is a 
member, with which designation the 
United States representative to the 
group or organization concurs; or 
‘‘(II) by the Secretary as war-
ranting special measures due to con-
cerns with covered human rights vio-
lations. 
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‘‘(B) POLICIES, PROCEDURES, AND
CON-
TROLS.—The enhanced due diligence policies, 
procedures, and controls required under para-
graph (1) shall, at a minimum, ensure that the 
financial institution in the United States takes 
reasonable steps— 
‘‘(i) to ascertain for any such foreign 
bank, the shares of which are not publicly 
traded, the identity of each of the owners 
of the foreign bank, and the nature and 
extent of the ownership interest of each 
such owner; 
‘‘(ii) to conduct enhanced scrutiny of 
such account to ensure the account is not 
associated with covered human rights vio-
lations and report any suspicious trans-
actions under section 5318(g); and 
‘‘(iii) to ascertain whether such for-
eign bank provides correspondent accounts 
to other foreign banks and, if so, the iden-
tity of those foreign banks and related due 
diligence information, as appropriate under 
paragraph (1). 
‘‘(3) MINIMUM STANDARDS FOR PRIVATE BANK-
ING ACCOUNTS.—If a private banking account is re-
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quested or maintained by, or on behalf of, a non- 
United States person, then the due diligence policies, 
procedures, and controls required under paragraph 
(1) shall, at a minimum, ensure that the financial 
institution takes reasonable steps— 
‘‘(A) to ascertain the identity of the nomi-
nal and beneficial owners of, and the source of 
funds deposited into, such account as needed to 
guard against supporting covered human rights 
violations and report any suspicious trans-
actions under section 5318(g); and 
‘‘(B) to conduct enhanced scrutiny of any 
such account that is requested or maintained 
by, or on behalf of, a senior foreign political fig-
ure, or any immediate family member or close 
associate of a senior foreign political figure, 
that is reasonably designed to detect and report 
transactions that may involve the proceeds of 
covered human rights violations. 
‘‘(4) DEFINITIONS.—In this subsection: 
‘‘(A) OFFSHORE BANKING LICENSE.—The 
term ‘offshore banking license’ means a license 
to conduct banking activities which, as a condi-
tion of the license, prohibits the licensed entity 
from conducting banking activities with the citi-
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zens of, or with the local currency of, the coun-
try which issued the license. 
‘‘(B) PRIVATE
BANKING
ACCOUNT.—The 
term ‘private banking account’ means an ac-
count (or any combination of accounts) that— 
‘‘(i) requires a minimum aggregate 
deposit of funds or other assets of not less 
than $500,000; 
‘‘(ii) is established on behalf of 1 or 
more individuals who have a direct or ben-
eficial ownership interest in the account; 
and 
‘‘(iii) is assigned to, or is administered 
or managed by, in whole or in part, an of-
ficer, employee, or agent of a financial in-
stitution acting as a liaison between the fi-
nancial institution and the direct or bene-
ficial owner of the account. 
‘‘(f) DEFINITIONS.—In this section: 
‘‘(1) COVERED
HUMAN
RIGHTS
VIOLATION.— 
The term ‘covered human rights violation’ means— 
‘‘(A) an offense described under chapter 
50A of title 18, United States Code; and 
‘‘(B) crimes against humanity. 
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‘‘(2) XINJIANG.—The term ‘Xinjiang’ means 
the Xinjiang Uyghur Autonomous Region, People’s 
Republic of China. 
‘‘(3) OTHER
DEFINITIONS.—The definitions 
under section 5318A(e) shall apply to this section.’’. 
(b) CLERICAL AMENDMENT.—The table of contents 
for chapter 53 of title 31, United States Code, is amended 
by inserting after the item relating to section 5318A the 
following: 
‘‘5318B. Special measures for jurisdictions, financial institutions, or inter-
national transactions of primary humanitarian concern.’’. 
SEC. 4. ASSESSING XINJIANG AS A JURISDICTION OF PRI-
MARY HUMANITARIAN CONCERN. 
(a) DETERMINATION.—Not later than 180 days after 
the date of enactment of this Act, the Secretary of the 
Treasury, in consultation with the Secretary of State and 
the Secretary of Commerce, shall determine whether rea-
sonable grounds exist to determine that Xinjiang Uyghur 
Autonomous Region, People’s Republic of China, is a ju-
risdiction of primary humanitarian concern under section 
5318B of title 31, United States Code. 
(b) REPORT.—As soon as practicable after the deter-
mination required under subsection (a), the Secretary of 
the Treasury shall issue a report to the Congress con-
taining the following: 
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