; or (2) conduct customer due diligence under this title, or the regulations promulgated under this title. . (b) Table of sections The table of sections for subchapter II of chapter 53 of title 31, United States Code, is amended by adding at the end the following: 5333. Prohibition on concealment of ownership of account. . 19. Prohibition on concealment of the source of assets in monetary transactions (a) In general Subchapter II of chapter 53 of title 31, United States Code, as amended by section 18 of this Act, is amended by adding at the end the following: 5334. Prohibition on concealment of the source of assets in monetary transactions (a) In general No person shall knowingly conceal, falsify, or misrepresent, or attempt to conceal, falsify, or misrepresent, from or to a financial institution, a material fact concerning the ownership or control of assets involved in a monetary transaction if— (1) the person or entity who owns or controls such assets is a senior foreign political figure, or any immediate family member or close associate of a senior foreign political figure, as set forth in this title or the regulations promulgated under this title; and (2) the aggregate value of the assets involved in one or more such transactions is not less than $1,000,000. (b) Source of funds No person shall knowingly conceal, falsify, or misrepresent, or attempt to conceal, falsify, or misrepresent, from or to a financial institution, a material fact concerning the source of funds in a monetary transaction that— (1) involves an entity found to be a primary money laundering concern under section 5318A or the regulations promulgated under this title