; and (2) sections 1010.312, 1021.311, and 1021.312 of title 31, Code of Federal Regulations, to specifically address the means by which a sports wagering operator shall, under each such section, verify the identity of an individual who conducts a transaction described in that section over the internet. (c) Application (1) Definition In this subsection, the term Bank Secrecy Act means subchapter II of chapter 53 of title 31, United States Code. (2) Effect of compliance with State requirements The submission of a suspicious transaction report to a State regulatory entity, the National Sports Wagering Clearinghouse, or a sports organization shall not be considered to violate— (A) any provision of the Bank Secrecy Act