Section 1 Short title
This Act may be cited as the “Combating Fentanyl and Financial Crimes Act of 2023”.
Combating Fentanyl and Financial Crimes Act of 2023
A BILL
To require the Director of the Financial Crimes Enforcement Network to publish an annual Financial Trend Analysis describing illicit financial schemes and methods related to the trafficking of fentanyl and other synthetic opioids, and for other purposes.
Sec. 2 Financial Crimes Enforcement Network report requirement to publish a financial trend analysis describing illicit financial schemes and methods related to the trafficking of fentanyl and other synthetic opioids
Report requirement— Not later than 180 days after the date of the enactment of this section and annually thereafter for 5 years, the Director of the Financial Crimes Enforcement Network shall publish, and make available on the website of the Financial Crimes Enforcement Network, a Financial Trend Analysis describing illicit financial schemes and methods related to the trafficking of fentanyl and other synthetic opioids.
Distribution to financial institutions— The Director shall distribute the analysis described in subsection (a) to financial institutions (as defined in section 5312(a) of title 31, United States Code).