Department of State review of access to finance in CARICOM member states

(a) Review The Secretary of State, in consultation with the Secretary of Treasury, shall conduct a review to determine any steps, balancing costs and benefits, that the Secretaries could take to expand financial access to the member states of the Caribbean Community (CARICOM), including through a review of— (1) enforcement of international laws and compliance standards; (2) reporting requirements pertaining to narcotics trafficking and illicit finance thereof; (3) possible expansion of embassies and consulates in the region; and (4) programming or lack thereof pertaining to access to capital in the region. (b) Report The Secretary shall submit to the appropriate congressional committees a report on the findings of the Secretary pertaining to the review under subsection (a). (c) Appropriate congressional committees defined In this section, the term appropriate congressional committees means— (1) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and (2) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate.