; and (4) the most appropriate ways to promote financial inclusion while maintaining compliance with the Bank Secrecy Act. (b) Report Not later than the end of the 1-year period beginning on the date of the enactment of this Act, the Secretary, in consultation with the Federal functional regulators and other relevant stakeholders, shall issue a report to Congress containing all findings and determinations made in carrying out the study required under subsection (a). (c) Definitions In this section: (1) De-risking The term de-risking means the closing of customer accounts or limiting services of a category of customer due to perceived risk as it relates to compliance with the Bank Secrecy Act. (2) BSA terms The terms Bank Secrecy Act and financial institution have the meaning given those terms, respectively, under section 5312 of title 31, United States Code. II Improving AML/CFT Oversight 201. Sharing of suspicious activity reports within a financial group (a) In general (1) Sharing with foreign branches and affiliates Section 5318(g) of title 31, United States Code, is amended by adding at the end the following: (5) Sharing with foreign branches, subsidiaries, and affiliates (A) In general Not later than 180 days after the date of the enactment of this paragraph, the Secretary of the Treasury shall issue rules permitting any financial institution with a reporting obligation under this subsection to share information on reports under this subsection with the institution’s foreign branches, subsidiaries, and affiliates for the purposes of combating illicit finance risks, notwithstanding any other provision of law except subparagraph (B). (B) Exception In issuing the regulations required under subparagraph (A), the Secretary may not permit a financial institution to share information on reports under this subsection with a foreign branch, subsidiary, or affiliate located in a jurisdiction that— (i) is subject to countermeasures imposed by the Federal Government