### Question
How is the "foreign anti-money laundering and countering the financing of terrorism authority" defined?


### Answer
The term **foreign anti-money laundering and countering the financing of terrorism authority** is defined in *31 U.S.C. § 310* as follows -

> any foreign agency or authority that is empowered under foreign law to regulate or supervise foreign financial institutions (or designated non-financial businesses and professions) with respect to laws concerning anti-money laundering and countering the financing of terrorism and proliferation

#### Citation:
  - *31 U.S.C. § 310*
  - Heading: **SUBTITLE I-GENERAL > CHAPTER 3-DEPARTMENT OF THE TREASURY > SUBCHAPTER I-ORGANIZATION**

