,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #dcff  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,septemb] #ag1        
#bjai,mr4 ,riggleman introduc$ ! foll[+ 
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,a ,,bill  ,to      
require ov]sight ( lic5ses involv+      
f9ancial s]vices & ! ,democratic ,p's   
,republic ( ,korea1 & = o!r purposes4   
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,nor? ,korea ,bank+ ,ov]sight ,act (  
#bjai4  #b4 ,ov]sight ( lic5ses involv+ 
f9ancial s]vices & ! ,democratic ,p's   
,republic ( ,korea  7a7 ,9 g5]al ,n lat]
 ?an #ahj days aft] ! date ( ! enactm5t 
( ?is ,act1 & e #ahj days !reaft]1 !    
,secret>y ( ! ,treasury %all transmit to
 ! ,committee on ,f9ancial ,s]vices ( ! 
,h\se ( ,repres5tatives & ! ,committee  
on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! 
,s5ate a report conta9+ a copy ( any    
lic5se issu$ by ! ,secret>y 9 ! prec$+  
#ahj days t au?orizes a f9ancial        
in/itution to provide f9ancial s]vices  
b5efitt+ any p]son sanction$ pursuant to

 an applicable ,executive ,ord] or !    
,nor? ,korea ,sanctions & ,policy       
,enhancem5t ,act ( #bjaf 7#bb ,u4,s4,c4 
#ibja et seq474  7b7 ,=m ( report ,!    
report requir$ "u subsection 7a7 %all be
 submitt$ 9 unclassifi$ =m b may conta9 
a classifi$ annex4  #c4 ,def9itions ,=  
purposes ( ?is ,act3 7#a7 ,applicable   
,executive ,ord] ,! t]m applicable      
,executive ,ord] has ! mean+ giv5 t t]m 
"u section #c ( ! ,nor? ,korea          
,sanctions & ,policy ,enhancem5t ,act ( 
#bjaf 7#bb ,u4,s4,c4 #ibjb74  7#b7      
,f9ancial in/itution ,! t]m f9ancial    
in/itution means a ,unit$ ,/ates        
f9ancial in/itution or a =eign f9ancial 
in/itution4  7#c7 ,=eign f9ancial       
in/itution ,! t]m =eign f9ancial        
in/itution has ! mean+ giv5 t t]m "u    
section #eaj4cji ( title #ca1 ,code (   
,f$]al ,regulations4  7#d7 ,unit$ ,/ates
 f9ancial in/itution ,! t]m ,unit$      
,/ates f9ancial in/itution has ! mean+  
giv5 ! t]m ,u4,s4 f9ancial in/itution "u
 section #eaj4cbh ( title #ca1 ,code (  

,f$]al ,regulations4  #d4 ,sunset ,!    
report+ requirem5t "u ?is ,act %all     
t]m9ate on ! date t is ! end ( ! #g-ye> 
p]iod beg9n+ on ! date ( ! enactm5t (   
?is ,act4