foreign anti-money laundering and countering the financing of terrorism authority

(1) Definitions .— In this subsection: (A) Foreign anti-money laundering and countering the financing of terrorism authority .— The term “foreign anti-money laundering and countering the financing of terrorism authority” means any foreign agency or authority that is empowered under foreign law to regulate or supervise foreign financial institutions (or designated non-financial businesses and professions) with respect to laws concerning anti-money laundering and countering the financing of terrorism and proliferation. (B) Foreign financial intelligence unit .— The term “foreign financial intelligence unit” means any foreign agency or authority, including a foreign financial intelligence unit that is a member of the Egmont Group of Financial Intelligence Units, that is empowered under foreign law as a jurisdiction’s national center for— (i) receipt and analysis of suspicious transaction reports and other information relevant to money laundering, associated predicate offenses, and the financing of terrorism; and (ii) the dissemination of the results of the analysis described in clause (i). (C) Foreign law enforcement authority .— The term “foreign law enforcement authority” means any foreign agency or authority that is empowered under foreign law to detect, investigate, or prosecute potential violations of law.

Source

31 USC § 310(i)(1)


Scoping language

In this subsection
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