#aaf? ,,congress  #b;d ,session  ,h4 ,r4
 #geib  ,,an ,,act  ,to require !       
,comptroll] ,g5]al ( ! ,unit$ ,/ates to 
c>ry out a /udy on traffick+1 & = o!r   
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,/opp+ ,traffick+1 ,illicit
 ,fl[s1 ,laund]+1 & ,exploitation ,act (
 #bjbj or ! ,,/ifle ,act ( #bjbj 4  #b4 
,f9d+s ,! ,congress f9ds ! foll[+3  7#a7
 ,traffick+ is a national-security ?reat
 & an economic dra9 ( our res\rces4     
7#b7 ,z ! ,u4,s4 ,dep>tm5t ( !          
,treasury's rec5tly releas$ #bjbj       
,national ,/rategy = ,combat+ ,t]rori/ &
 ,o!r ,illicit ,f9anc+ concludes1 ,:ile 
money laund]+1 t]rorism f9anc+1 & ,,wmd 
prolif]ation f9anc+ diff] qualitatively 
& quantitatively1 ! illicit actors      
engag+ 9 ^! activities c exploit ! same 
vuln]abilities & f9ancial *annels44     
7#c7 ,among ^? are bad actors engag$ 9  
traffick+1 :e!r !y trade 9 drugs1 arms1 
cultural prop]ty1 wildlife1 natural     
res\rces1 c\nt]feit goods1 organs1 or1  
ev51 o!r humans4  7#d7 ,_! illegal 7or  

d>k7 m>kets use simil> & sometimes      
relat$ or ov]lapp+ me?ods & means to    
acquire1 move1 & pr(it f _! crimes4     
7#e7 ,9 a ,m>* #bjag1 report f ,global  
,f9ancial ,integrity1 ,transnational    
,crime & ! ,develop+ ,_w1 ! global      
bus9ess ( transnational crime 0 valu$ at
 #a4f trillion to #b4b trillion         
annually1 result+ 9 crime1 viol5ce1     
t]rorism1 in/ability1 corruption1 & lo/ 
tax rev5ues worldwide4  #c4 ,,gao ,/udy 
7a7 ,/udy ,! ,comptroll] ,g5]al ( !     
,unit$ ,/ates %all c>ry out a /udy on-- 
7#a7 ! major traffick+ r\tes us$ by     
transnational crim9al organizations1    
t]rori/s1 & o!rs1 & to :at ext5t !      
traffick+ r\tes = p 7includ+ *ildr571   
drugs1 weapons1 ca%1 *ild sexual        
exploitation mat]ials1 or o!r illicit   
goods are simil>1 relat$1 or coop]ative2
  7#b7 commonly us$ me?ods to laund] &  
move ! proce$s ( traffick+2  7#c7 !     
types ( suspici\s f9ancial activity t   
are associat$ ) illicit traffick+       
networks1 & h[ f9ancial in/itutions     

id5tify & report su* activity2  7#d7 !  
nexus betwe5 ! id5tities & f9ances (    
traffick$ p]sons & fraud2  7#e7 ! tools1
 guidance1 tra9+1 p>tn]%ips1 sup]vision1
 or o!r me*anisms t ,f$]al ag5cies1     
includ+ ! ,dep>tm5t ( ! ,treasury's     
,f9ancial ,crimes ,en=cem5t ,network1 ! 
,f$]al f9ancial regulators1 & law       
en=cem5t1 provide to help f9ancial      
in/itutions id5tify te*niques & patt]ns 
( transactions t may involve ! proce$s (
 traffick+2  7#f7 :at /eps f9ancial     
in/itutions are tak+ to detect & prev5t 
bad actors :o are laund]+ ! proce$s (   
illicit traffick+1 includ+ data         
analysis1 policies1 tra9+ proc$ures1    
rules1 & guidance2  7#g7 :at role       
gatekeep]s1 su* z lawy]s1 not>ies1      
acc\ntants1 inve/m5t advisors1 logi/ics 
ag5ts1 & tru/ & company s]vice provid]s1
 play 9 facilitat+ traffick+ networks & 
! laund]+ ( illicit proce$s2 &  7#h7 !  
role t em]g+ te*nologies1 includ+       
artificial intellig5ce1 digital id5tity 
te*nologies1 block*a9 te*nologies1      

virtual assets1 & relat$ ex*anges &     
onl9e m>ketplaces1 & o!r innovative     
te*nologies1 c play 9 bo? assi/+ ) &    
pot5tially enabl+ ! laund]+ ( proce$s f 
traffick+4  7b7 ,consultation ,9 c>ry+  
out ! /udy requir$ "u subsection 7a71 ! 
,comptroll] ,g5]al %all solicit fe$back 
& p]spectives to ! ext5t practicable f  
survivor & victim advocacy              
organizations1 law en=cem5t1 rese>*     
organizations1 private-sector           
organizations 7includ+ f9ancial         
in/itutions & data & te*nology          
companies71 & any o!r organization or   
entity t ! ,comptroll] ,g5]al det]m9es  
appropriate4  7c7 ,report ,! ,comptroll]
 ,g5]al %all issue "o or m reports to ! 
,congress conta9+ ! results ( ! /udy    
requir$ "u subsection 7a74 ,! fir/      
report %all be issu$ n lat] ?an ! end ( 
! #ae-mon? p]iod beg9n+ on ! date ( !   
enactm5t ( ?is ,act4 ,! reports %all    
conta9--  7#a7 all f9d+s & det]m9ations 
made 9 c>ry+ out ! /udy requir$ "u      
subsection 7a72 &  7#b7 recomm5dations =

 any legislative or regulatory *anges   
necess>y to combat traffick+ or !       
laund]+ ( proce$s f traffick+4  ,pass$ !
 ,h\se ( ,repres5tatives ,septemb] #ba1 
#bjbj4;,cl]k4