That the House of Representatives— (1) acknowledges that the lack of sunlight and transparency in financial transactions poses a threat to our national security and our economy’s security; (2) supports efforts to close loopholes that allow corruption, terrorism, and money laundering to infiltrate our country’s financial system; (3) encourages transparency to detect, deter, and interdict individuals, entities, and networks engaged in money laundering and other financial crimes; (4) urges financial institutions to comply with the Bank Secrecy Act and anti-money laundering laws and regulations; and (5) affirms that financial institutions and individuals should be held accountable for money laundering and terror financing crimes and violations.

Cheryl L. Johnson, Clerk.