,,ib ,union ,cal5d> ,no4 #bgc #aah?     
,,congress  #a/ ,session  ,h4 ,r4 #fbde 
,report ,no4 #aah-ccd ,,9 ,,! ,,h\se ,,(
 ,,repres5tatives  ,novemb] #f1         
#bjbc,mr4 ,hill 7= himself & ,mr4       
,v>gas7 introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,decemb] #ai1                 
#bjbc;,additional sponsors3 ,ms4 ,de ,la
 ,cruz & ,mr4 ,sessions  ,decemb] #ai1  
#bjbc,report$ ) an am5dm5t1 committ$ to 
! ,committee ( ! ,:ole ,h\se on ! ,/ate 
( ! ,union1 & ord]$ to be printed,strike
 out all aft] ! enact+ clause & ins]t ! 
"p pr9t$ 9 italic,for text ( introduc$  
bill1 see copy ( bill z introduc$ on    
,novemb] #f1 #bjbc  ,a ,,bill  ,to      
require ! ,secret>y ( ! ,treasury to    
report on f9ancial in/itutions'         
involvem5t ) (ficials ( ! ,iranian      
,gov]nm5t1 & = o!r purposes4  #a4 ,%ort 
title ,?is ,act may be cit$ z ! ,hold+  
,iranian ,lead]s ,acc\ntable ,act (     
#bjbc4  #b4 ,f9d+s ,! ,congress f9ds !  
foll[+3 7#a7 ,iran is *>act]iz$ by high 

levels ( (ficial & in/itutional         
corruption1 & sub/antial involvem5t by  
,iran's security =ces1 p>ticul>ly !     
,islamic ,revolution>y ,gu>d ,corps     
7,,irgc71 9 ! economy4  7#b7 ,!         
,dep>tm5t ( ,treasury 9 #bjai designat$ 
! ,islamic ,republic ( ,iran's f9ancial 
sector z a jurisdiction ( prim>y money  
laund]+ conc]n1 conclud+1 ,iran has     
develop$ cov]t me?ods = access+ !       
int]national f9ancial sy/em & pursu+ its
 malign activities1 includ+ misus+ banks
 & ex*ange h\ses1 op]at+ procurem5t     
networks t utilize front or %ell        
companies1 exploit+ comm]cial %ipp+1 &  
mask+ illicit transactions us+ s5ior    
(ficials1 includ+ ^? at ! ,c5tral ,bank 
( ,iran 7,,cbi744  7#c7 ,9 ,june #bjai1 
! ,f9ancial ,action ,task ,=ce 7,,fatf7 
urg$ all jurisdictions to require       
increas$ sup]visory exam9ation = bran*es
 & subsidi>ies ( f9ancial in/itutions   
bas$ 9 ,iran4 ,! ,,fatf lat] call$ ^u   
its memb]s to introduce enhanc$ relevant
 report+ me*anisms or sy/ematic report+ 

( f9ancial transactions1 & require      
increas$ ext]nal audit requirem5ts1 =   
f9ancial gr\ps ) respect to any ( _!    
bran*es & subsidi>ies locat$ 9 ,iran4   
7#d7 ,accord+ to ! ,/ate ,dep>tm5t's    
,c\ntry ,reports on ,t]rorism 9 #bjba1  
,iran cont9u$ to be ! lead+ /ate sponsor
 ( t]rorism1 facilitat+ a wide range (  
t]rori/ & o!r illicit activities ar\nd !
 _w4 ,regionally1 ,iran support$ acts ( 
t]rorism 9 ,bahra91 ,iraq1 ,lebanon1    
,syria1 & ,yem5 ?r\gh proxies & p>tn]   
gr\ps su* z ,hizballah & ,hamas44  #c4  
,report on f9ancial in/itutions & assets
 connect$ to c]ta9 ,iranian (ficials    
7a7 ,f9ancial in/itutions & assets      
report  7#a7 ,9 g5]al ,n lat] ?an #ahj  
days aft] ! date ( ! enactm5t ( ?is     
,act1 & e #b ye>s !reaft]1 ! ,presid5t  
%all submit a report to ! appropriate   
,memb]s ( ,congress conta9+-- 7,a7 !    
e/imat$ total funds or assets t are "u  
direct or indirect control by ea* ( !   
natural p]sons describ$ "u subsection   
7b71 & a description ( su* funds or     

assets1 except t ! ,presid5t may limit  
cov]age ( ! report to n few] ?an #e (   
su* natural p]sons 9 ord] to meet !     
submission deadl9e describ$ "u ?is      
p>agraph2  7,b7 a description ( h[ su*  
funds or assets 7 acquir$1 & h[ !y h be5
 us$ or employ$2  7,c7 a li/ ( any      
non-,iranian f9ancial in/itutions t--   
7i7 ma9ta9 an acc\nt 9 connection )     
funds or assets describ$ 9 subp>agraph  
7,a72 or  7ii7 kn[+ly provide           
significant f9ancial s]vices to a       
natural p]son cov]$ by ! report2 &  7,d7
 a description ( any illicit or corrupt 
means employ$ to acquire or use su*     
funds or assets4  7#b7 ,exemptions ,!   
requirem5ts describ$ "u p>agraph 7#a7   
may n be appli$ ) respect to a natural  
p]son or a f9ancial in/itution1 z ! case
 may be1 if ! ,presid5t det]m9es3 7,a7  
,! funds or assets describ$ "u          
subp>agraph 7,a7 ( p>agraph 7#a7 7      
acquir$ ?r\gh legal or noncorrupt means4
  7,b7 ,! natural p]son has agre$ to    
provide significant coop]ation to !     

,unit$ ,/ates = an important national   
security or law en=cem5t purpose )      
respect to ,iran4  7,c7 ,a f9ancial     
in/itution t w\ld o!rwise be li/$ 9 !   
report requir$ by p>agraph 7#a7 has     
agre$ to-- 7i7 no long] ma9ta9 an acc\nt
 describ$ "u subp>agraph 7,c77i7 (      
p>agraph 7#a72  7ii7 no long] provide   
significant f9ancial s]vices to a       
natural p]son cov]$ by ! report2 or     
7iii7 provide significant coop]ation to 
! ,unit$ ,/ates = an important national 
security or law en=cem5t purpose )      
respect to ,iran4  7#c7 ,waiv] ,!       
,presid5t may waive = up to #a ye> at a 
"t any requirem5t "u p>agraph 7#a7 )    
respect to a natural p]son or a f9ancial
 in/itution aft] report+ 9 writ+ to !   
appropriate ,memb]s ( ,congress t !     
waiv] is 9 ! national int]e/ ( ! ,unit$ 
,/ates1 ) a detail$ explanation ( !     
reasons !re=4  7b7 ,p]sons describ$ ,!  
natural p]sons describ$ 9 ?is subsection
 are ! foll[+3 7#a7 ,! ,supreme ,lead] (
 ,iran4  7#b7 ,! ,presid5t ( ,iran4     

7#c7 ,! memb]s ( ! ,c\ncil ( ,gu>dians4 
7#d7 ,! memb]s ( ! ,exp$i5cy ,c\ncil4   
7#e7 ,! ,m9i/] ( ,intellig5ce &         
,security4  7#f7 ,! ,comm&] & ! ,deputy 
,comm&] ( ! ,,irgc4  7#g7 ,! ,comm&] & !
 ,deputy ,comm&] ( ! ,,irgc ,gr\nd      
,=ces4  7#h7 ,! ,comm&] & ! ,deputy     
,comm&] ( ! ,,irgc ,a]ospace ,=ce4  7#i7
 ,! ,comm&] & ! ,deputy ,comm&] ( !     
,,irgc ,navy4  7#aj7 ,! ,comm&] ( !     
,basij-e-,mo/az'af94  7#aa7 ,! ,comm&] (
 ! ,qods ,=ce4  7#ab7 ,! ,comm&] 9 ,*ief
 ( ! ,police ,=ce4  7#ac7 ,! head ( !   
,,irgc ,jo9t ,/aff4  7#ad7 ,! ,comm&] ( 
! ,,irgc ,intellig5ce4  7#ae7 ,! head ( 
! ,,irgc ,imam ,husse9 ,univ]sity4      
7#af7 ,! ,supreme ,lead]'s              
,repres5tative at ! ,,irgc4  7#ag7 ,!   
,*ief ,executive ,(fic] & ! ,*airman ( !
 ,,irgc ,coop]ative ,f\ndation4  7#ah7  
,! ,comm&] ( ! ,khatam-al-,anbia        
,con/ruction ,head ,qu>t]4  7#ai7 ,!    
,*ief ,executive ,(fic] ( ! ,basij      
,coop]ative ,f\ndation4  7#bj7 ,! head (
 ! ,political ,bureau ( ! ,,irgc4  7#ba7

 ,! s5ior lead]%ip z det]m9$ by !       
,presid5t ( ! foll[+ gr\ps3 7,a7        
,hizballah4  7,b7 ,hamas4  7,c7         
,pale/9ian ,islamic ,jihad4  7,d7       
,kata'ib ,hizballah4  7c7 ,=m ( report2 
public availability  7#a7 ,=m ,! report 
requir$ "u subsection 7a7 & any waiv] "u
 subsection 7a77#c7 %all be submitt$ 9  
unclassifi$ =m b may conta9 a classifi$ 
annex4  7#b7 ,public availability ,!    
,secret>y %all make ! unclassifi$       
portion ( su* report public if !        
,secret>y notifies ! appropriate ,memb]s
 ( ,congress t ! publication is 9 !     
national int]e/ ( ! ,unit$ ,/ates & w\ld
 sub/antially promote-- 7,a7 det]r+ or  
sanction+ (ficial corruption 9 ,iran2   
7,b7 hold+ natural p]sons or f9ancial   
in/itutions li/$ 9 ! report acc\ntable  
to ! p ( ,iran2  7,c7 combat+ money     
laund]+ or ! f9anc+ ( t]rorism2 or  7,d7
 a*iev+ any o!r /rategic objective )    
respect to ! ,gov]nm5t ( ,iran4  7#c7   
,=mat ( publicly available reports ,if !
 ,secret>y makes ! unclassifi$ portion (

 a report public pursuant to p>agraph   
7#b71 ! ,secret>y %all make x available 
to ! public on ! website ( ! ,dep>tm5t (
 ! ,treasury-- 7,a7 9 ,engli%1 ,f>si1   
,arabic1 & ,az]i2 &  7,b7 9             
precompress$1 easily d[nloadable v]sions
 t are made available 9 all appropriate 
=mats4  #d4 ,re/rictions on c]ta9       
f9ancial in/itutions  7a7 ,9 g5]al ,n   
lat] ?an ! date t is #ij days aft]      
submitt+ a report describ$ "u section   
#c7;a77#a71 ! ,secret>y %all und]take ! 
foll[+ ) respect to a f9ancial          
in/itution t is describ$ "u section     
#c7;a77#a77;,c7 & li/$ 9 ! report3 7#a7 
,if ! f9ancial in/itution is a ,unit$   
,/ates f9ancial in/itution1 require !   
closure ( any acc\nt describ$ 9 section 
#c7;a77#a77;,c77i71 & prohibit !        
provision ( significant f9ancial        
s]vices1 directly or indirectly1 to a   
natural p]son cov]$ by ! report4  7#b7  
,if ! f9ancial in/itution is a =eign    
f9ancial in/itution1 actively seek !    
closure ( any acc\nt describ$ 9 section 

#c7;a77#a77;,c77i71 & ! cessation (     
significant f9ancial s]vices to a       
natural p]son cov]$ by ! report1 us+ any
 exi/+ au?orities ( ! ,secret>y1 z      
appropriate4  7b7 ,susp5sion ,!         
,secret>y may susp5d ! application (    
subsection 7a7 ) respect to a f9ancial  
in/itution ^u report+ to ! appropriate  
,memb]s ( ,congress t ! susp5sion is 9 !
 national int]e/ ( ! ,unit$ ,/ates1 ) a 
detail$ explanation ( ! reasons !re=4   
#e4 ,exceptions = national security2    
implem5tation au?ority ,! foll[+        
activities %all be exempt f requirem5ts 
"u sections #c & #d3 7#a7 ,any activity 
subject to ! report+ requirem5ts "u     
title ,v ( ! ,national ,security ,act ( 
#aidg 7#ej ,u4,s4,c4 #cjia et seq471 or 
to any au?oriz$ intellig5ce activities (
 ! ,unit$ ,/ates4  7#b7 ,! admission (  
an ali5 to ! ,unit$ ,/ates if su*       
admission is necess>y to comply ) ,unit$
 ,/ates obligations "u ! ,agreem5t      
betwe5 ! ,unit$ ,nations & ! ,unit$     
,/ates ( ,am]ica reg>d+ ! ,headqu>t]s ( 

! ,unit$ ,nations1 sign$ at ,lake       
,success ,june #bf1 #aidg1 & ent]$ into 
=ce ,novemb] #ba1 #aidg1 or "u !        
,conv5tion on ,consul> ,relations1 done 
at ,vi5na ,april #bd1 #aifc1 & ent]$    
into =ce ,m>* #ai1 #aifg1 or o!r        
applicable int]national obligations ( ! 
,unit$ ,/ates4  7#c7 ,! conduct or      
facilitation ( a transaction = ! sale ( 
agricultural commodities1 food1 m$ic9e1 
or m$ical devices to ,iran or = !       
provision ( humanit>ian assi/ance to ! p
 ( ,iran1 includ+ engag+ 9 a f9ancial   
transaction relat+ to humanit>ian       
assi/ance or = humanit>ian purposes or  
transport+ goods or s]vices t are       
necess>y to c>ry out op]ations relat+ to
 humanit>ian assi/ance or humanit>ian   
purposes4  #f4 ,sunset ,! provisions (  
?is ,act %all h no =ce or effect on !   
e>li] (-- 7#a7 ! date t is #e ye>s aft] 
! date ( enactm5t ( ?is ,act2 or  7#b7  
#cj days aft] ! ,secret>y reports 9     
writ+ to ! appropriate ,memb]s (        
,congress t-- 7,a7 ,iran is n a         

jurisdiction ( prim>y money laund]+     
conc]n2 or  7,b7 ! ,gov]nm5t ( ,iran is 
provid+ significant coop]ation to !     
,unit$ ,/ates = ! purpose ( prev5t+ acts
 ( int]national t]rorism1 or = !        
promotion ( any o!r /rategic objective t
 is important to ! national int]e/ ( !  
,unit$ ,/ates1 z specifi$ 9 ! report by 
! ,secret>y4  #g4 ,def9itions ,=        
purposes ( ?is ,act3 7#a7 ,appropriate  
,memb]s ( congress ,! t]m appropriate   
,memb]s ( ,congress means ! ,speak] &   
,m9ority ,lead] ( ! ,h\se (             
,repres5tatives1 ! ,majority ,lead] &   
,m9ority ,lead] ( ! ,s5ate1 ! ,*airman &
 ,rank+ ,memb] ( ! ,committee on        
,f9ancial ,s]vices ( ! ,h\se (          
,repres5tatives1 & ! ,*airman & ,rank+  
,memb] ( ! ,committee on ,bank+1 ,h\s+1 
& ,urban ,affairs ( ! ,s5ate4  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 9     
section #efa4cjh ( title #ca1 ,code (   
,f$]al ,regulations4  7#d7 ,funds ,! t]m
 funds means-- 7,a7 ca%2  7,b7 equity2  
7,c7 any o!r asset ^: value is d]iv$ f a
 contractual claim1 includ+ bank        
deposits1 bonds1 /ocks1 a security z    
def9$ 9 section #b7;a7 ( ! ,securities  
,act ( #aicc 7#ae ,u4,s4,c4 #gg;b7a771  
or a security or an equity security z   
def9$ 9 section #c7;a7 ( ! ,securities  
,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4    
#gh;c7a772 &  7,d7 any?+ else t !       
,secret>y det]m9es appropriate4  7#e7   
,kn[+ly ,! t]m kn[+ly ) respect to      
conduct1 a circum/ance1 or a result1    
means t a p]son has actual k1 or %\ld h 
kn[n1 ( ! conduct1 ! circum/ance1 or !  
result4  7#f7 ,secret>y ,! t]m ,secret>y
 means ! ,secret>y ( ! ,treasury4  7#g7 
,unit$ /ates f9ancial in/itution ,! t]m 
,unit$ ,/ates f9ancial in/itution has ! 
mean+ giv5 ! t]m ,u4,s4 f9ancial        
in/itution "u section #efa4cji ( title  
#ca1 ,code ( ,f$]al ,regulations4       

,decemb] #ai1 #bjbc,report$ ) an        
am5dm5t1 committ$ to ! ,committee ( !   
,:ole ,h\se on ! ,/ate ( ! ,union1 &    
ord]$ to be pr9t$