,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #bie  ,,in ,,the ,,house ,,of   
,,representatives  ,january #h1         
#bjai,mr4 ,fitzpatrick 7for himself1    
,mr4 ,keating1 ,mr4 ,mc,caul1 and ,mrs4 
,carolyn ,b4 ,maloney of ,new ,york7    
introduced the following bill2 which was
 referred to the ,committee on ,foreign 
,affairs1 and in addition to the        
,committee on ,financial ,services1 for 
a period to be subsequently determined  
by the ,speaker1 in each case for       
consideration of such provisions as fall
 within the jurisdiction of the         
committee concerned  ,a ,,bill  ,to     
increase the role of the financial      
industry in combating human trafficking4
  #a4 ,short title ,this ,act may be    
cited as the ,end ,banking for ,human   
,traffickers ,act of #bjai4  #b4        
,increasing the role of the financial   
industry in combating human trafficking 
7a7 ,treasury as a member of the        
,president's ,interagency ,task ,force  
,to ,monitor and ,combat ,trafficking   

,section #aje7;b7 of the ,victims of    
,trafficking and ,violence ,protection  
,act of #bjjj 7#bb ,u4,s4,c4 #gajc7;b77 
is amended by inserting the ,secretary  
of the ,treasury1 after the ,secretary  
of ,education14  7b7 ,required review of
 procedures ,not later than #ahj days   
after the date of the enactment of this 
,act1 the ,financial ,institutions      
,examination ,council1 in consultation  
with the ,secretary of the ,treasury1   
the private sector1 victims of severe   
forms of trafficking in persons1        
advocates of persons at risk of becoming
 victims of severe forms of trafficking 
in persons1 and appropriate law         
enforcement agencies1 shall--  7#a7     
review and enhance training and         
examinations procedures to improve the  
capabilities of anti-money laundering   
and countering the financing of         
terrorism programs to detect financial  
transactions relating to severe forms of
 trafficking in persons2  7#b7 review   
and enhance procedures for referring    

potential cases relating to severe forms
 of trafficking in persons to the       
appropriate law enforcement agency2 and 
7#c7 determine1 as appropriate1 whether 
requirements for financial institutions 
are sufficient to detect and deter money
 laundering relating to severe forms of 
trafficking in persons4  7c7            
,interagency task force recommendations 
targeting money laundering related to   
human trafficking  7#a7 ,in general ,not
 later than #bgj days after the date of 
the enactment of this ,act1 the         
,interagency ,task ,force ,to ,monitor  
and ,combat ,trafficking shall submit to
 the ,committee on ,financial ,services 
and the ,committee on the ,judiciary of 
the ,house of ,representatives1 the     
,committee on ,banking1 ,housing1 and   
,urban ,affairs and the ,committee on   
the ,judiciary of the ,senate1 and the  
head of each appropriate ,federal       
banking agency--  7,a7 an analysis of   
anti-money laundering efforts of the    
,united ,states ,government and ,united 

,states financial institutions relating 
to severe forms of trafficking in       
persons2 and  7,b7 appropriate          
legislative1 administrative1 and other  
recommendations to strengthen efforts   
against money laundering relating to    
severe forms of trafficking in persons4 
7#b7 ,required recommendations ,the     
recommendations under paragraph 7#a7    
shall include-- 7,a7 feedback from      
financial institutions on best practices
 of successful programs to combat severe
 forms of trafficking in persons        
currently in place that may be suitable 
for broader adoption by similarly       
situated financial institutions2  7,b7  
feedback from stakeholders1 including   
victims of severe forms of trafficking  
in persons1 advocates of persons at risk
 of becoming victims of severe forms of 
trafficking in persons1 and financial   
institutions1 on policy proposals       
derived from the analysis conducted by  
the task force referred to in paragraph 
7#a7 that would enhance the efforts and 

programs of financial institutions to   
detect and deter money laundering       
relating to severe forms of trafficking 
in persons1 including any recommended   
changes to internal policies1           
procedures1 and controls relating to    
severe forms of trafficking in persons2 
7,c7 any recommended changes to training
 programs at financial institutions to  
better equip employees to deter and     
detect money laundering relating to     
severe forms of trafficking in persons2 
7,d7 any recommended changes to expand  
information sharing relating to severe  
forms of trafficking in persons among   
financial institutions and between such 
financial institutions1 appropriate law 
enforcement agencies1 and appropriate   
,federal agencies2 and  7,e7 recommended
 changes1 if necessary1 to existing     
statutory law to more effectively detect
 and deter money laundering relating to 
severe forms of trafficking in persons1 
where such money laundering involves the
 use of emerging technologies and       

virtual currencies4  7d7 ,limitation    
,nothing in this ,act shall be construed
 to-- 7#a7 grant rulemaking authority to
 the ,interagency ,task ,force ,to      
,monitor and ,combat ,trafficking2 or   
7#b7 encourage financial institutions to
 deny services to victims of            
trafficking1 victims of severe forms of 
trafficking in persons1 or individuals  
not responsible for promoting severe    
forms of trafficking in persons4  7e7   
,definitions ,as used in this section-- 
7#a7 the term appropriate ,federal      
banking agency has the meaning given the
 term in section #c7q7 of the ,federal  
,deposit ,insurance ,act 7#ab ,u4,s4,c4 
#ahac7q772  7#b7 the term severe forms  
of trafficking in persons has the       
meaning given such term in section #ajc 
of the ,trafficking ,victims ,protection
 ,act of #bjjj 7#bb ,u4,s4,c4 #gajb72   
7#c7 the term ,interagency ,task ,force 
,to ,monitor and ,combat ,trafficking   
means the ,interagency ,task ,force ,to 
,monitor and ,combat ,trafficking       

established by the ,president pursuant  
to section #aje of the ,victims of      
,trafficking and ,violence ,protection  
,act of #bjjj 7#bb ,u4,s4,c4 #gajc72 and
  7#d7 the term law enforcement agency  
means an agency of the ,united ,states1 
a ,state1 or a political subdivision of 
a ,state1 authorized by law or by a     
government agency to engage in or       
supervise the prevention1 detection1    
investigation1 or prosecution of any    
violation of criminal or civil law4  #c4
 ,coordination of human trafficking     
issues by the ,office of ,terrorism and 
,financial ,intelligence  7a7 ,functions
 ,section #cab7;a77#d7 of title #ca1    
,united ,states ,code1 is amended-- 7#a7
 by redesignating subparagraphs 7,e71   
7,f71 and 7,g7 as subparagraphs 7,f71   
7,g71 and 7,h71 respectively2 and  7#b7 
by inserting after subparagraph 7,d7 the
 following3  7,e7 combating illicit     
financing relating to severe forms of   
trafficking in persons2  4  7b7         
,interagency coordination ,section      

#cab7;a7 of title #ca1 ,united ,states  
,code1 is amended by adding at the end  
the following3  7#h7 ,interagency       
coordination ,the ,secretary of the     
,treasury1 after consultation with the  
,undersecretary for ,terrorism and      
,financial ,crimes1 shall designate an  
office within the ,,otfi that shall     
coordinate efforts to combat the illicit
 financing of severe forms of           
trafficking in persons with--  7,a7     
other offices of the ,department of the 
,treasury2  7,b7 other ,federal         
agencies1 including--  7i7 the ,office  
,to ,monitor and ,combat ,trafficking in
 ,persons of the ,department of ,state2 
and  7ii7 the ,interagency ,task ,force 
,to ,monitor and ,combat ,trafficking2  
7,c7 ,state and local law enforcement   
agencies2 and  7,d7 foreign governments4
  4  7c7 ,definition ,section #cab7;a7  
of title #ca1 ,united ,states ,code1 as 
amended by this section1 is further     
amended by adding at the end the        
following3  7#i7 ,definition ,in this   

subsection1 the term severe forms of    
trafficking in persons has the meaning  
given such term in section #ajc of the  
,trafficking ,victims ,protection ,act  
of #bjjj 7#bb ,u4,s4,c4 #gajb74  4  #d4 
,additional reporting requirement under 
the ,trafficking ,victims ,protection   
,act of #bjjj ,section #aje7;d77#g7 of  
the ,trafficking ,victims ,protection   
,act of #bjjj 7#bb ,u4,s4,c4            
#gajc7;d77#g77 is amended--  7#a7 in the
 matter preceding subparagraph 7,a7--   
7,a7 by inserting the ,committee on     
,financial ,services1 after the         
,committee on ,foreign ,affairs12 and   
7,b7 by inserting the ,committee on     
,banking1 ,housing1 and ,urban ,affairs1
 after the ,committee on ,foreign       
,relations12  7#b7 in subparagraph      
7,q77vii71 by striking 2 and and        
inserting a semicolon2  7#c7 in         
subparagraph 7,r71 by striking the      
period at the end and inserting 2 and2  
and  7#d7 by adding at the end the      
following3  7,s7 the efforts of the     

,united ,states to eliminate money      
laundering relating to severe forms of  
trafficking in persons and the number of
 investigations1 arrests1 indictments1  
and convictions in money laundering     
cases with a nexus to severe forms of   
trafficking in persons4  4  #e4 ,minimum
 standards for the elimination of       
trafficking ,section #ajh7;b7 of the    
,trafficking ,victims ,protection ,act  
of #bjjj 7#bb ,u4,s4,c4 #gajf7;b77 is   
amended by adding at the end the        
following new paragraph3  7#ac7 ,whether
 the government of the country1         
consistent with the capacity of the     
country1 has in effect a framework to   
prevent financial transactions involving
 the proceeds of severe forms of        
trafficking in persons1 and is taking   
steps to implement such a framework1    
including by investigating1 prosecuting1
 convicting1 and sentencing individuals 
who attempt or conduct such             
transactions4  4