1. Short title This Act may be cited as the Holding Foreign Companies Accountable Act . 2. Disclosure requirement Section 104 of the Sarbanes-Oxley Act of 2002 ( 15 U.S.C. 7214 ) is amended by adding at the end the following: (i) Disclosure regarding foreign jurisdictions that prevent inspections (1) Definitions In this subsection— (A) the term covered issuer means an issuer that is required to file reports under section 13 or 15(d) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m , 78o(d)); and (B) the term non-inspection year means, with respect to a covered issuer, a year— (i) during which the Commission identifies the covered issuer under paragraph (2)(A) with respect to every report described in subparagraph (A) filed by the covered issuer during that year; and (ii) that begins after the date of enactment of this subsection. (2) Disclosure to Commission The Commission shall— (A) identify each covered issuer that, with respect to the preparation of the audit report on the financial statement of the covered issuer that is included in a report described in paragraph (1)(A) filed by the covered issuer, retains a registered public accounting firm that has a branch or office that— (i) is located in a foreign jurisdiction; and (ii) the Board is unable to inspect or investigate completely because of a position taken by an authority in the foreign jurisdiction described in clause (i), as determined by the Board