typology

(6) Sharing of threat pattern and trend information.— (A) Definitions .— In this paragraph— (i) the terms “Bank Secrecy Act” and “Federal functional regulator” have the meanings given the terms in section 6003 of the Anti-Money Laundering Act of 2020; and (ii) the term “typology” means a technique to launder money or finance terrorism. (B) Suspicious activity report activity review .— Not less frequently than semiannually, the Director of the Financial Crimes Enforcement Network shall publish threat pattern and trend information to provide meaningful information about the preparation, use, and value of reports filed under this subsection by financial institutions, as well as other reports filed by financial institutions under the Bank Secrecy Act. (C) Inclusion of typologies .— In each publication published under subparagraph (B), the Director shall provide financial institutions and the Federal functional regulators with typologies, including data that can be adapted in algorithms if appropriate, relating to emerging money laundering and terrorist financing threat patterns and trends.

Source

31 USC § 5318(g)(6)


Scoping language

In this paragraph
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