GAO study on certain centralized intermediaries that are primarily located in foreign jurisdictions

(a) In general The Comptroller General of the United States, in consultation with the Secretary of the Treasury, shall conduct a study to— (1) assess the risks posed by centralized intermediaries that are primarily located in foreign jurisdictions that provide services to U.S. persons without regulatory requirements that are substantially similar to the requirements of the Bank Secrecy Act; and (2) provide any regulatory or legislative recommendations to address these risks under paragraph (1). (b) Report Not later than 1 year after the date of enactment of this Act, the Comptroller General shall issue a report to Congress containing all findings and determinations made in carrying out the study required under subsection (a).