Digital public infrastructure safeguards for international financial institutions projects and financing

(a) Determination of applicability of safeguards The Secretary of the Treasury shall convene meetings of the heads of such Federal agencies, and such representatives of private sector organizations and civil society, as the Secretary deems appropriate, for the purpose of determining which digital public infrastructure safeguards should be applied to projects of, and financing provided by, the international financial institutions (as defined in section 1701(c)(2) of the International Financial Institutions Act). At the meetings, the participants should consider the minimum safeguards proposed in version 1.0 of the United Nations (UN) Universal DPI Safeguards Framework, and measures to protect privacy, ensure private sector participation, and deter and detect fraud, financial crime, and corruption. (b) Report to the Congress Within 1 year after the date of the enactment of this Act, the Secretary of the Treasury shall submit to the Committee on Financial Services of the House of Representatives and the Committee on Foreign Relations of the Senate a written report on any determinations and recommendations made pursuant to subsection (a).