; (G) a credit union, whether chartered under the Federal Credit Union Act or under State law; (H) a real estate broker registered as such under State law; (I) a Federal, State, or local government agency; (J) a government-sponsored enterprise (as defined in section 3(8) of the Congressional Budget and Impoundment Control Act of 1974 ( 2 U.S.C. 622(8) )); and (K) any other entity authorized to accept investments from, or engage in or effect transactions on behalf of, the Government of the People’s Republic of China or any commercial entity under the control of such government designated by the Secretary as an applicable United States entity. (b) In general If the Secretary of the Treasury, in consultation with the Committee on Foreign Investment in the United States, determines that the Government of the People's Republic of China is not in compliance with applicable laws relating to finance, trade, and commerce, as specified in subsection (c) and including the successor government doctrine with respect to sovereign debt, the Secretary shall prohibit any applicable United States entity, including capital markets, bond markets, and exchanges, from accepting any new investment, or effecting any transaction for others relating to a new investment, from such government or any commercial entities under the control of such government. (c) Specified international laws The international laws specified in this subsection are— (1) the public international doctrine of state succession, as it relates to international norms and rules of finance, trade, and commerce; (2) the transparency and disclosure rules and regulations applicable to major capital markets and exchanges; and (3) international laws prohibiting the practice of exclusionary settlement, discriminatory payments, and selective default.