,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #hhaf  ,,in ,,the ,,house ,,of  
,,representatives  ,november #bd1       
#bjbj,mr4 ,mc,adams 7for himself and    
,mr4 ,gonzalez of ,ohio7 introduced the 
following bill2 which was referred to   
the ,committee on ,financial ,services1 
and in addition to the ,committee on    
,ways and ,means1 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 amend subchapter ,,ii of 
chapter #ec of title #ca1 ,united       
,states ,code1 to require training for  
,bank ,secrecy ,act ,federal examiners  
on anti-money laundering and countering 
the financing of terrorism1 and for     
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,anti-,money   
,laundering ,training ,improvement ,act4
  #b4 ,training for ,federal examiners  
7a7 ,in general ,subchapter ,,ii of     
chapter #ec of title #ca1 ,united       

,states ,code1 is amended by adding at  
the end the following3  #eccc ,training 
regarding anti-money laundering and     
countering the financing of terrorism   
7a7 ,training requirement ,each ,federal
 examiner reviewing compliance with the 
,bank ,secrecy ,act shall attend        
appropriate annual training1 as         
determined by the ,secretary of the     
,treasury1 relating to anti-money       
laundering activities and countering the
 financing of terrorism4  7b7 ,required 
topics ,the training described in       
subsection 7a7 shall address-- 7#a7 risk
 profiles and warning signs that an     
examiner may encounter during           
examinations2  7#b7 financial crime     
patterns and trends2  7#c7 background on
 the risks anti-money laundering        
programs and countering the financing of
 terrorism programs seek to mitigate and
 the importance of these programs for   
law enforcement and national security   
agencies2 and  7#d7 de-risking and the  
effect of de-risking on the provision of

 financial services4  7c7 ,training     
materials and standards ,the ,secretary 
of the ,treasury shall1 in consultation 
with the ,financial ,institutions       
,examination ,council1 the ,financial   
,crimes ,enforcement ,network1 and      
,federal1 ,state1 ,tribal1 and local law
 enforcement agencies1 establish        
appropriate training materials and      
standards for the training required by  
subsection 7a74  7d7 ,bank ,secrecy ,act
 ,defined ,for the purposes of this     
section1 the term ,bank ,secrecy ,act   
means-- 7#a7 section #ba of the ,federal
 ,deposit ,insurance ,act 7#ab ,u4,s4,c4
 #ahbi;b72  7#b7 chapter #b of title ,i 
of ,public ,law #ia-ejh 7#ab ,u4,s4,c4  
#aiea et seq472 and  7#c7 this          
subchapter4  4  7b7 ,clerical amendment 
,the table of sections for chapter #ec  
of title #ca1 ,united ,states ,code1 is 
amended by adding after the item        
relating to section #eccb the following3
  #eccc4 ,training regarding anti-money 
laundering and countering the financing 

of terrorism4  4  #c4 ,interagency      
personnel rotation program  7a7 ,in     
general ,the ,secretary shall not later 
than #ahj days after the date of the    
enactment of this ,act establish a      
personnel rotation program designed to  
promote greater effectiveness and       
efficiency in combating money           
laundering1 the financing of terrorism1 
proliferation financing1 serious tax    
fraud1 trafficking1 sanctions evasion1  
and other financial crimes4  7b7        
,participating agencies ,the personnel  
rotation program described in subsection
 7a7 shall rotate personnel from-- 7#a7 
any ,federal functional regulator2  7#b7
 the ,department of ,justice2  7#c7 the 
,federal ,bureau of ,investigation2     
7#d7 the ,department of ,homeland       
,security2  7#e7 the ,department of     
,defense2 and  7#f7 other ,federal      
agencies as the ,secretary of the       
,treasury determines necessary to       
further anti-money laundering and       
countering the financing of terrorism   

efforts4  7c7 ,federal functional       
regulator defined ,for the purposes of  
this section1 the term ,federal         
functional regulator-- 7#a7 has the     
meaning given the term in section #eji  
of the ,gramm-,leach-,bliley ,act 7#ae  
,u4,s4,c4 #fhji72 and  7#b7 includes any
 ,federal regulator that examines a     
financial institution for compliance    
with the ,bank ,secrecy ,act4