Requirements

(a) Ethics and financial disclosures (1) Bribery, graft, and conflicts-of-interest Any individual working in a covered position shall be deemed an officer or employee for purposes of chapter 11 of title 18, regardless of employment status, compensation, or volunteer status. (2) Financial disclosure requirements (A) Persons required to file Section 13103(f) of title 5, United States Code, is amended— (i) in paragraph (11), by striking; and and inserting a semicolon; (ii) in paragraph (12), by striking the period at the end; and (iii) by adding at the end the following: (13) an officer or employee working in a covered position, as defined in section 3 of the Transparency in the Administration’s Business Opportunities Overseas Act.. (B) Extension on time for filing Section 13103(g) of title 5, United States Code, is amended— (i) in paragraph (1), by striking Reasonable and inserting Except as provided in paragraph (3), reasonable; and (ii) by adding at the end the following: (3) Covered positions Extensions of time for filing any report with respect to an officer or employee working in a covered position, as defined in section 3 of the Transparency in the Administration’s Business Opportunities Overseas Act, shall not exceed 30 days.. (C) Technical and conforming amendment Section 13102(a)(1) of title 5, United States Code, is amended by inserting and paragraph (13) after paragraphs (1) through (8). (b) Financial interests (1) Written confirmation Not later than 30 days after the date on which any individual begins working in a covered position— (A) the individual shall confirm in writing that the individual— (i) has no financial interest in any foreign country with which the individual will be working; (ii) if a pre-existing financial interest exists, will divest or place the financial interest in a qualified blind trust, as defined in section 13104(f)(3) of title 5, United States Code, within 60 days of the date of the written confirmation; and (iii) commits to undertaking no new financial interest in any foreign country with which the individual will be working during the 1-year period beginning on the date on which the individual vacates the covered position; and (B) the head of the relevant office, department, or agency that employs the individual shall— (i) review and certify the written confirmation required under subparagraph (A); and (ii) submit the written confirmation required under subparagraph (A) and certification required under clause (i) of this subparagraph to the appropriate congressional committees. (2) Relation to other requirements A written confirmation required under paragraph (1)(A) shall be in addition to any other financial disclosure or ethics report otherwise required by law.