,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #geib  ,,in ,,the ,,house ,,of  
,,representatives  ,july #ac1 #bjbj,mr4 
,mc,adams 7for himself and ,mr4         
,gonzalez of ,ohio7 introduced the      
following bill2 which was referred to   
the ,committee on ,financial ,services  
,a ,,bill  ,to require the ,comptroller 
,general of the ,united ,states to carry
 out a study on trafficking1 and for    
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,stopping      
,trafficking1 ,illicit ,flows1          
,laundering1 and ,exploitation ,act of  
#bjbj or the ,,stifle ,act of #bjbj 4   
#b4 ,findings ,the ,congress finds the  
following3 7#a7 ,trafficking is a       
national-security threat and an economic
 drain of our resources4  7#b7 ,as the  
,u4,s4 ,department of the ,treasury's   
recently released #bjbj ,national       
,strategy for ,combating ,terrorist and 
,other ,illicit ,financing concludes1   
,while money laundering1 terrorism      
financing1 and ,,wmd proliferation      

financing differ qualitatively and      
quantitatively1 the illicit actors      
engaging in these activities can exploit
 the same vulnerabilities and financial 
channels44  7#c7 ,among those are bad   
actors engaged in trafficking1 whether  
they trade in drugs1 arms1 cultural     
property1 wildlife1 natural resources1  
counterfeit goods1 organs1 or1 even1    
other humans4  7#d7 ,their illegal 7or  
dark7 markets use similar and sometimes 
related or overlapping methods and means
 to acquire1 move1 and profit from their
 crimes4  7#e7 ,in a ,march #bjag1      
report from ,global ,financial          
,integrity1 ,transnational ,crime and   
the ,developing ,world1 the global      
business of transnational crime was     
valued at #a4f trillion to #b4b trillion
 annually1 resulting in crime1 violence1
 terrorism1 instability1 corruption1 and
 lost tax revenues worldwide4  #c4 ,,gao
 ,study  7a7 ,study ,the ,comptroller   
,general of the ,united ,states shall   
carry out a study on-- 7#a7 the major   

trafficking routes used by transnational
 criminal organizations1 terrorists1 and
 others1 and to what extent the         
trafficking routes for people 7including
 children71 drugs1 weapons1 cash1 child 
sexual exploitation materials1 or other 
illicit goods are similar1 related1 or  
cooperative2  7#b7 commonly used methods
 to launder and move the proceeds of    
trafficking2  7#c7 the types of         
suspicious financial activity that are  
associated with illicit trafficking     
networks1 and how financial institutions
 identify and report such activity2     
7#d7 the nexus between the identities   
and finances of trafficked persons and  
fraud2  7#e7 the tools1 guidance1       
training1 partnerships1 supervision1 or 
other mechanisms that ,federal agencies1
 including the ,department of the       
,treasury's ,financial ,crimes          
,enforcement ,network1 the ,federal     
financial regulators1 and law           
enforcement1 provide to help financial  
institutions identify techniques and    

patterns of transactions that may       
involve the proceeds of trafficking2    
7#f7 what steps financial institutions  
are taking to detect and prevent bad    
actors who are laundering the proceeds  
of illicit trafficking1 including data  
analysis1 policies1 training procedures1
 rules1 and guidance2  7#g7 what role   
gatekeepers1 such as lawyers1 notaries1 
accountants1 investment advisors1       
logistics agents1 and trust and company 
service providers1 play in facilitating 
trafficking networks and the laundering 
of illicit proceeds2 and  7#h7 the role 
that emerging technologies1 including   
artificial intelligence1 digital        
identity technologies1 blockchain       
technologies1 virtual assets1 and       
related exchanges and online            
marketplaces1 and other innovative      
technologies1 can play in both assisting
 with and potentially enabling the      
laundering of proceeds from trafficking4
  7b7 ,consultation ,in carrying out the
 study required under subsection 7a71   

the ,comptroller ,general shall solicit 
feedback and perspectives to the extent 
practicable from survivor and victim    
advocacy organizations1 law enforcement1
 research organizations1 private-sector 
organizations 7including financial      
institutions and data and technology    
companies71 and any other organization  
or entity that the ,comptroller ,general
 determines appropriate4  7c7 ,report   
,the ,comptroller ,general shall issue  
one or more reports to the ,congress    
containing the results of the study     
required under subsection 7a74 ,the     
first report shall be issued not later  
than the end of the #ae-month period    
beginning on the date of the enactment  
of this ,act4 ,the reports shall        
contain-- 7#a7 all findings and         
determinations made in carrying out the 
study required under subsection 7a72 and
  7#b7 recommendations for any          
legislative or regulatory changes       
necessary to combat trafficking or the  
laundering of proceeds from trafficking4