1. Short title This Act may be cited as the Empowering Financial Institutions to Fight Human Trafficking Act of 2018 . 2. Anti-Money Laundering Information Providers (a) In general Subchapter II of chapter 53 of title 31, United States Code, is amended by adding at the end the following: 5333. Anti-money laundering information providers (a) Cooperation among financial institutions and sources of information on human trafficking and money laundering (1) In general Not later than the end of the 120-day period beginning on the date of enactment of this section, the Secretary of the Treasury shall issue regulations to allow nonprofit organizations that the Secretary determines to be qualified to share information with financial institutions, associations of financial institutions, their regulatory authorities, and law enforcement agencies regarding individuals, entities, organizations, and countries suspected of possible human trafficking or related money laundering activities. (2) Cooperation and information sharing procedures The regulations required under paragraph (1) may include or create procedures for cooperation and information sharing focused on— (A) matters specifically related to those benefitting directly and indirectly from human trafficking, the means by which human traffickers transfer funds within the United States and around the world, and the extent to which financial institutions, including depository institutions, asset managers, and insurers in the United States, are unwittingly involved in such matters or transfers and the extent to which such entities are at risk as a result