; and (2) has adequate privacy protections and data security measures in effect to prevent the unauthorized disclosure of such reports. (b) Liability A domestic financial institution that transmits, receives, or shares suspicious activity reports with a foreign branch or affiliate of the domestic financial institution in accordance with the regulation promulgated pursuant to subsection (a) shall not be liable to any person under any law or regulation of the United States, any constitution, law, or regulation of any State or political subdivision thereof, or under any contract or other legally enforceable agreement (including any arbitration agreement), for sharing such reports, except where such transmission, receipt, or sharing violates this section or regulations promulgated pursuant to this section. (c) Disclosure to Government agencies Section 5318(g)(3)(B) of title 31, United States Code, is amended— (1) in clause (i), by striking or at the end; (2) in clause (ii), by striking the period and inserting ; or ; and (3) by adding at the end the following: (iii) any duty or requirement of a financial institution or any director, officer, employee, or agent of such institution to demonstrate that a disclosure described in subparagraph (A) is made in good faith. . (d) Cooperation Among Financial Institutions Section 314 of the USA PATRIOT Act ( 31 U.S.C. 5311 note) is amended— (1) in subsection (b)— (A) by striking suspected of possible terrorist or money laundering activities and inserting for the purpose of identifying and, as appropriate, reporting possible terrorist or money laundering activities, or a specified unlawful activity (as defined under section 1956(c)(7) of title 18, United States Code) ; and (B) by striking or money laundering activities shall and inserting , money laundering activities, or a specified unlawful activity (as defined under section 1956(c)(7) of title 18, United States Code) shall