,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #fhbi  ,,in ,,the ,,house ,,of  
,,representatives  ,december #ag1       
#bjbe,ms4 ,waters introduced the        
following bill2 which was referred to   
the ,committee on ,foreign ,affairs1 and
 in addition to the ,committee on       
,financial ,services1 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 the ,foreign       
,assistance ,act of #aifa to make       
improvements to the ,international      
,narcotics ,control ,strategy ,report1  
and for other purposes4  #a4 ,short     
title  ,this subtitle may be cited as   
the ,international ,financial ,access   
,improvements ,act4  #b4 ,improvements  
by countries in combating               
narcotics-related money laundering  7a7 
,in general ,section #dhi7;a77#g7 of the
 ,foreign ,assistance ,act of #aifa 7#bb
 ,u4,s4,c4 #bbia;h7a77#g77 is amended-- 

7#a7 in the matter preceding            
subparagraph 7,a71 by striking paragraph
 7#c77;,d7 and inserting paragraph      
7#c77;,c72 and  7#b7 by inserting after 
subparagraph 7,c7 the following3  7,d7  
,where the information is available1    
examples of improvements in each country
 related to the findings described in   
each of clauses 7i7 through 7viii7 of   
subparagraph 7,c7 including--  7i7      
actions taken by the country due to the 
adoption of law and regulations         
considered essential to prevent         
narcotics-related money laundering2     
7ii7 enhanced enforcement actions taken 
by the country1 such as regulatory      
penalties1 criminal prosecutions and    
convictions1 and asset seizures and     
forfeitures2  7iii7 status changes in   
financial crime-related evaluations by  
international standards-setting bodies2 
7iv7 efforts to enhance the prevention  
of narcotics-related money laundering2  
and  7v7 if applicable1 bilateral1      
multilateral1 and regional initiatives  

that have been undertaken to prevent    
narcotics-related money laundering4  4  
7b7 ,additional requirements for money  
laundering issues ,in making each report
 required under section #dhi7;a7 of the 
,foreign ,assistance ,act of #aifa1 as  
amended by subsection 7a71 the          
,president shall--  7#a7 consult with   
the ,secretary of the ,treasury on any  
parts of the report relating to money   
laundering2 and  7#b7 prepare a separate
 volume of the report containing all    
items relating to money laundering1 and 
submit a copy of such separate volume to
 the ,committee on ,financial ,services 
of the ,house of ,representatives and   
the ,committee on ,banking1 ,housing1   
and ,urban ,affairs of the ,senate4  7c7
 ,report on consistency of ,,bsa        
examinations  7#a7 ,in general ,the     
,secretary of the ,treasury shall1 not  
later than #ahj days after the date of  
the enactment of this section-- 7,a7    
consult with the ,federal banking       
agencies1 the ,financial ,institutions  

,examination ,council1 and the ,bank    
,secrecy ,act ,advisory ,group to       
determine how to build more consistent  
,bank ,secrecy ,act exams across such   
agencies2 and  7,b7 submit to the       
,committee on ,financial ,services of   
the ,house of ,representatives and the  
,committee on ,banking1 ,housing1 and   
,urban ,affairs of the ,senate1 a report
 that describes steps the ,secretary of 
the ,treasury is taking to build more   
consistent ,bank ,secrecy ,act exams    
across such agencies based on the       
consultation required under subparagraph
 7,a74  7#b7 ,definitions ,in this      
subsection3  7,a7 ,bank ,secrecy ,act   
,the term ,bank ,secrecy ,act means--   
7i7 section #ba of the ,federal ,deposit
 ,insurance ,act 7#ab ,u4,s4,c4         
#ahbi;b72  7ii7 chapter #b of title ,i  
of ,public ,law #ia-ejh 7#ab ,u4,s4,c4  
#aiea et seq472 and  7iii7 subchapter   
,,ii of chapter #ec of title #ca1       
,united ,states ,code4  7,b7 ,federal   
banking agency ,the term ,federal       

banking agency has the meaning given the
 term in section #c7q7 of the ,federal  
,deposit ,insurance ,act4