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Search Results: keywords:"international standards compliance"

  • S. 1339 aims to address concerns about money laundering and violations of export controls and sanctions involving Hong Kong. The bill mandates the U.S. Secretary of the Treasury to determine if Hong Kong should be designated as a primary money laundering concern, with a...

    Simple Explanation

    The bill wants to check if bad people are hiding or moving money secretly in Hong Kong and if there are rules being broken about where things can be sold. It asks important people in the U.S. to study this and report back with their findings.

  • S. 1291, titled the "Containing and Limiting the Extensive Abuses Noticed in Free Trade Zones Act of 2025," aims to evaluate and enhance the compliance of foreign free trade zones with international standards. The bill directs the Commissioner of U.S. Customs and Border...

    Simple Explanation

    S. 1291 is a plan to check if certain places where countries trade are following the rules, and if not, to help them do better. If they keep breaking these rules, the President might make it harder for them to trade with the USA or visit.