#aad? ,,congress  #b;d ,session  ,h4 ,r4
 #eeid  ,,an ,,act  ,to require !       
e/abli%m5t ( a national /rategy =       
combat+ ! f9anc+ ( t]rorism & relat$    
f9ancial crimes1 & = o!r purposes4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,national ,/rategy = ,combat+ ,t]rori/1 
,und]gr\nd1 & ,o!r ,illicit ,f9anc+     
,act4  #b4 ,f9d+s ,! ,congress f9ds !   
foll[+3  7#a7 ,! f9anc+ ( t]rorism &    
relat$ =ms ( illicit f9ance pres5t a    
direct ?reat to national security & a   
?reat to global /ability4  7#b7 ,new    
t]rori/ gr\ps or ?reats c =m quickly1 & 
o!r gr\ps *ange tactics to adapt1 creat+
 a con/antly *ang+ t]rori/ environm5t1  
pres5t+ ev]-*ang+ risks & *all5ges to   
programs to disrupt ! f9anc+ ( t]rorism 
& relat$ =ms ( illicit f9ance4  7#c7 ,z 
demon/rat$ 9 he>+s be=e ! ,task ,=ce to 
,inve/igate ,t]rorism ,f9anc+1 t]rori/s 
9 "s in/ances h =m$ symbiotic           
relation%ips )1 or are tak+ ov]1        
transnational crime syndicates1 s t     
fund+ = bo? t]rorism & pr(its f crime   

fl[ 9 ! same fa%ion & (t5 are           
indi/+ui%able4  7#d7 ,me?ods ( conceal+ 
! movem5t ( illicit fund+ *ange quickly 
9 a globaliz$ economy1 & rapid          
te*nological *anges & f9ancial          
innovation pose new risks t may be      
increas+ly difficult = gov]nm5ts to /ay 
abrea/ ( )\t an agile1 con/antly adju/$ 
/rategy to spot1 disrupt1 & prev5t !    
f9anc+ ( t]rorism & relat$ =ms ( illicit
 f9ance4  7#e7 ,a bip>tisan requirem5t  
to create a national anti-money laund]+ 
/rategy enact$ 9 #aiih expir$ 9 #bjjg4  
,giv5 ! rapid globalization & rapid     
te*nology *anges ( ! f9ancial sector1 an
 updat$ /rategy focus$ on ! f9anc+ (    
t]rorism is necess>y4  7#f7 ,x is       
important = ! ,gov]nm5t to h a unifi$   
/rategy to fight f9ancial crime & to    
update x annually1 bo? to accommodate   
new & develop+ ?reats & to help         
,congress develop legislative & fund+   
priorities4  7#g7 ,an effective /rategy 
to c\nt] t]rorism f9anc+ is a critical  
compon5t ( ! broad] c\nt] t]rorism      

/rategy ( ! ,unit$ ,/ates4  #c4         
,developm5t ( national /rategy  7a7 ,9  
g5]al ,! ,presid5t1 act+ ?r\gh !        
,secret>y ( ! ,treasury 7! ,secret>y7   
%all1 9 consultation ) ! ,attorney      
,g5]al1 ! ,secret>ies ( ,/ate1 ,def5se1 
& ,homel& ,security1 ! ,director (      
,national ,intellig5ce & ! appropriate  
,f$]al bank+ ag5cies1 develop a national
 /rategy = combat+ ! f9anc+ ( t]rorism &
 relat$ =ms ( illicit f9ance4  7b7      
,transmittal to ,congress ,by ,june #a  
ea* ye> foll[+ ! date ( ! enactm5t ( ?is
 ,act1 ! ,presid5t %all submit to !     
appropriate congressional committees a  
national /rategy develop$ 9 accordance )
 subsection 7a74  7c7 ,evaluation (     
exi/+ ef=ts & broad] /rategy ,!         
,presid5t %all accompany ea* /rategy    
submitt$ "u subsection 7b7 ) a report   
t--  7#a7 describes ! effectiv5ess (    
ef=ts to en=ce exi/+ prohibitions aga9/ 
illicit f9ance2  7#b7 describes h[ !    
,unit$ ,/ates is address+ ! highe/      
levels ( risk id5tifi$ 9 ! ,national    

,money ,laund]+ ,risk ,assessm5t & !    
,national ,t]rori/ ,f9anc+ ,risk        
,assessm5t publi%$ by ! ,dep>tm5t ( !   
,treasury2  7#c7 evaluates !            
effectiv5ess ( ,unit$ ,/ates ef=ts to   
fight illicit f9ance at actually        
prev5t+1 discov]+1 & c\nt]+ t]rori/     
f9anc+ & o!r =ms ( illicit f9ance 7& !  
effectiv5ess ( ^? ef=ts t ! ,unit$      
,/ates coord9ates ) =eign nations72 &   
7#d7 describes h[ ! /rategy submitt$ "u 
subsection 7b7 is integrat$ into1 &     
supports1 ! broad] c\nt] t]rorism       
/rategy ( ! ,unit$ ,/ates4  7d7 ,sep>ate
 pres5tation ( classifi$ mat]ial ,any "p
 ( ! national /rategy t involves        
in=mation :i* is prop]ly classifi$ "u   
crit]ia e/abli%$ by ! ,presid5t %all be 
submitt$ to ! ,congress sep>ately 9 a   
classifi$ annex &1 if reque/$ by !      
*airman or rank+ ,memb] ( "o ( !        
appropriate congressional committees1 z 
a brief+ at an appropriate level (      
security4  #d4 ,cont5ts  7a7 ,9 g5]al ,!
 /rategy describ$ "u section #c %all    

conta91 at a m9imum1 ! foll[+3  7#a7    
,?reats1 goals1 objectives1 & priorities
 ,a compreh5sive1 rese>*-bas$1          
long-range1 quantifiable discussion (   
?reats1 goals1 objectives1 & priorities 
= disrupt+1 prev5t+ & r$uc+ ! numb]1    
doll> value1 & effects ( illicit f9ance 
9 ! ,unit$ ,/ates & =eign c\ntries t    
impact ! security ( ! ,unit$ ,/ates4    
7#b7 ,coord9ation ,a discussion ( me?ods
 to be/ coord9ate su* ef=ts )           
int]national1 ,/ate1 & local (ficials1  
law en=cem5t1 regulators1 & f9ancial    
in/itutions4  7#c7 ,reviews & propos$   
*anges ,reviews ( en=cem5t ef=ts1       
relevant regulations & relevant         
provisions ( law &1 :5 appropriate1     
discussions ( propos$ *anges det]m9$ to 
be appropriate to ensure t ! ,unit$     
,/ates pursues coord9at$ & effective    
ef=ts at all levels ( gov]nm5t 9 ! fight
 aga9/ illicit f9ance & ) int]national  
p>tn]s4  7#d7 ,detection & prosecution  
initiatives ,a description ( ef=ts to   
improve detection & prosecution (       

illicit f9ance1 includ+ ef=ts to ensure 
t--  7,a7 subject to legal re/rictions1 
all appropriate data collect$ by !      
,gov]nm5t t is relevant to ! ef=ts      
describ$ 9 ?is ,act be available 9 a    
timely fa%ion to all appropriate ,f$]al 
dep>tm5ts & ag5cies &1 z appropriate &  
consi/5t ) section #cad ( ! ,,usa       
,,patriot ,act1 to f9ancial in/itutions 
to assi/ !m 9 ef=ts to comply ) laws    
aim$ at curb+ illicit f9ance2 &  7,b7   
appropriate ef=ts are und]tak5 to ensure
 t ,f$]al dep>tm5ts & ag5cies *>g$ )    
r$uc+ & prev5t+ illicit f9ance make     
?or\gh use ( publicly available data 9  
fur!rance ( ?is ef=t4  7#e7 ,! role ( ! 
private f9ancial sector 9 prev5tion (   
illicit f9ance ,a discussion ( ways to  
enhance p>tn]%ips betwe5 ! private      
f9ancial sector & ,f$]al dep>tm5ts &    
ag5cies ) reg>d to ! prev5tion &        
detection ( illicit money laund]+       
f9ance1 includ+-- 7,a7 ef=ts to         
facilitate compliance ) laws aim$ at    
/opp+ su* illicit f9ance :ile ma9ta9+ ! 

effectiv5ess ( su* ef=ts2 &  7,b7       
provid+ inc5tives to /r5g!n int]nal     
controls & to adopt on an indu/ry-wide  
basis m effective policies4  7#f7       
,enhancem5t ( int]gov]nm5tal coop]ation 
,a discussion ( ways to combat illicit  
f9ance by enhanc+--  7,a7 coop]ative    
ef=ts betwe5 ,f$]al1 ,/ate1 & local     
(ficials1 includ+ ,/ate & local         
prosecutors & o!r law en=cem5t (ficials2
  7,b7 to ! ext5t possible1 coop]ative  
ef=ts among ,/ates & betwe5 ,/ate &     
local (ficials1 includ+ ,/ate & local   
regulators1 prosecutors1 & law en=cem5t 
(ficials2 &  7,c7 coop]ative ef=ts ) &  
betwe5 gov]nm5ts ( c\ntries & ) & betwe5
 mult9ational in/itutions ) exp]tise 9  
fight+ illicit f9ance4  7#g7 ,project & 
budget priorities ,a #c-ye> projection =
 program & budget priorities & a*ievable
 projects = r$uctions 9 illicit f9ance4 
7#h7 ,assessm5t ( fund+ ,a complete     
assessm5t ( h[ ! propos$ budget describ$
 "u p>agraph 7#g7 is int5d$ to implem5t 
! /rategy describ$ 9 ?is ,act & :e!r !  

fund+ levels conta9$ 9 ! propos$ budget 
are suffici5t to implem5t ! /rategy1    
includ+ a discussion ( ! ext5t to :i*   
fund+ = su* ef=ts is or %\ld be fund$ f 
f9es1 settlem5ts1 seizures or =feitures 
relat$ to illicit f9ance4  7#i7 ,tr5d   
analysis ,data reg>d+ tr5ds 9 illicit   
f9ance1 ) a special focus on ! fund+ (  
t]rorism4  7#aj7 ,en=cem5t report ,a    
report conta9+ an evaluation ( !        
en=cem5t ( policies to combat illicit   
f9ance4  7#aa7 ,en=cem5t ,a discussion (
 ! curr5t policies ( ! ,unit$ ,/ates to 
en=ce ! provisions ( ! ,bank ,secrecy   
,act & relat$ laws reg>d+ ! f9anc+ (    
t]rorism & o!r =ms ( illicit f9ance1    
toge!r ) recomm5dations = improv+       
en=cem5t4  7#ab7 ,treasury atta*s ,a    
discussion ( ! ,dep>tm5t ( ! ,treasury  
atta*s1 includ+-- 7,a7 a li/ ( embassies
 :]e ,dep>tm5t ( ! ,treasury atta*s are 
po/$ & a discussion ( _! effectiv5ess 9 
! fight aga9/ illicit f9ance2  7,b7 a   
li/ ( ! ,unit$ ,/ates embassies at :i* a
 ,dep>tm5t ( ! ,treasury atta* is       

assign$ = tempor>y duty1 ! l5g? ( su*   
assignm5ts1 & ! reason :y su* assignm5ts
 are n consid]$ to be p]man5t           
assignm5ts2  7,c7 h[ ! ,dep>tm5t ( !    
,treasury's int]e/s relat+ to economic &
 anti-t]ror f9ance issues are h&l$ at   
o!r embassies1 includ+ a discussion ( ! 
report+ /ructure by :i* su* issues are  
br\ght to ! direct att5tion ( !         
ambassador2 &  7,d7 ! effect ( n hav+ m 
atta*s 9 embassies t are mo/ vuln]able  
to illicit f9ance ?reats & a discussion 
( :e!r ! ,dep>tm5t ( ! ,treasury's      
economic or anti-illicit f9ance issues  
are ?\ght to be "u-repres5t$ 9 "s       
embassies or regions4  7#ac7 ,illicit   
f9ance & cyb] crime ,a discussion (     
t]rori/ f9anc+ & o!r =ms ( illicit      
f9ance t involve cyb] attacks1 evolv+   
=ms ( value transf]1 includ+ s-call$    
crypto curr5cies1 & o!r me?ods t are    
comput]1 telecommunications1 or         
,int]net-bas$4  7#ad7 ,te*nology ,an    
analysis ( curr5t & develop+ ways to    
lev]age te*nology to improve !          

effectiv5ess ( ! fight aga9/ ! f9anc+ ( 
t]ror & o!r =ms ( illicit f9ance1       
includ+ ! use ( big data analytics1 !   
m]g+ ( publicly s\rc$ data ) ,bank      
,secrecy ,act data & ) o!r =ms ( secure 
,gov]nm5t data to increase su*          
effectiv5ess1 & ways to enhance ! role (
 ! private sector 9 combat+ illicit     
f9ance4  #e4 ,def9itions ,= purposes (  
?is ,act3  7#a7 ,appropriate            
congressional committees ,! t]m         
appropriate congressional committees    
means ! ,committee on ,f9ancial         
,s]vices1 ,committee on ,=eign ,affairs1
 ,committee on ,arm$ ,s]vices1          
,committee on ,homel& ,security1 & !    
,p]man5t ,select ,committee on          
,intellig5ce ( ! ,h\se ( ,repres5tatives
 & ! ,committee on ,bank+1 ,h\s+1 &     
,urban ,affairs1 ,committee on ,=eign   
,relations1 ,committee on ,arm$         
,s]vices1 ,committee on ,homel&         
,security & ,gov]nm5tal ,affairs1 & !   
,select ,committee on ,intellig5ce ( !  
,s5ate4  7#b7 ,appropriate ,f$]al bank+ 

ag5cies ,! t]m appropriate ,f$]al bank+ 
ag5cies has ! mean+ giv5 t t]m "u       
section #c ( ! ,f$]al ,deposit          
,insurance ,act 7#ab ,u4,s4,c4 #ahac74  
7#c7 ,bank ,secrecy ,act ,! t]m ,bank   
,secrecy ,act means-- 7,a7 section #ba (
 ! ,f$]al ,deposit ,insurance ,act2     
7,b7 *apt] #b ( title ,i ( ,public ,law 
#ia-ejh2 &  7,c7 sub*apt] ,,ii ( *apt]  
#ec ( title #ca1 ,unit$ ,/ates ,code4   
7#d7 ,illicit f9ance ,! t]m illicit     
f9ance means ! f9anc+ ( t]rorism1 money 
laund]+1 & o!r =ms ( illicit or         
und]gr\nd f9anc+ or o!r illicit f9ance  
dome/ically & int]nationally1 z def9$ by
 ! ,presid5t4  7#e7 ,/ate ,! t]m ,/ate  
means ea* ( ! sev]al ,/ates1 ! ,di/rict 
( ,columbia1 & ea* t]ritory or          
possession ( ! ,unit$ ,/ates4  ,pass$ ! 
,h\se ( ,repres5tatives ,july #aa1      
#bjaf4;,cl]k4