Stop Corrupt Communist Party Money Laundering Act of 2025 requires a Treasury determination on Hong Kong's status as a money laundering concern and a.

The Stop Corrupt Communist Party Money Laundering Act of 2025 mandates the Secretary of the Treasury to determine if Hong Kong should be designated as a primary money laundering concern. This determination must be submitted to Congress within 180 days of the Act's enactment, accompanied by a detailed justification. Additionally, the Secretary of State, in coordination with the Treasury and Commerce Secretaries, must submit a report to Congress within 360 days assessing Hong Kong's role in facilitating transactions that support adversaries of the United States, including the Russian Federation.

Stop Corrupt Communist Party Money Laundering Act of 2025 requires a Treasury determination on Hong Kong's status as a money laundering concern and a.

The Stop Corrupt Communist Party Money Laundering Act of 2025 mandates the Secretary of the Treasury to determine if Hong Kong should be designated as a primary money laundering concern. This determination must be submitted to Congress within 180 days of the Act's enactment, accompanied by a detailed justification. Additionally, the Secretary of State, in coordination with the Treasury and Commerce Secretaries, must submit a report to Congress within 360 days assessing Hong Kong's role in facilitating transactions that support adversaries of the United States, including the Russian Federation.