<P> Restrictions were placed on accounts and foreign banks . It prohibited shell banks that are not an affiliate of a bank that has a physical presence in the U.S. or that are not subject to supervision by a banking authority in a non-U.S. country . It also prohibits or restricts the use of certain accounts held at financial institutions . Financial institutions must now undertake steps to identify the owners of any privately owned bank outside the U.S. who have a correspondent account with them, along with the interests of each of the owners in the bank . It is expected that additional scrutiny will be applied by the U.S. institution to such banks to make sure they are not engaging in money laundering . Banks must identify all the nominal and beneficial owners of any private bank account opened and maintained in the U.S. by non-U.S. citizens . There is also an expectation that they must undertake enhanced scrutiny of the account if it is owned by, or is being maintained on behalf of, any senior political figure where there is reasonable suspicion of corruption . Any deposits made from within the U.S. into foreign banks are now deemed to have been deposited into any interbank account the foreign bank may have in the U.S. Thus any restraining order, seizure warrant or arrest warrant may be made against the funds in the interbank account held at a U.S. financial institution, up to the amount deposited in the account at the foreign bank . Restrictions were placed on the use of internal bank concentration accounts because such accounts do not provide an effective audit trail for transactions, and this may be used to facilitate money laundering . Financial institutions are prohibited from allowing clients to specifically direct them to move funds into, out of, or through a concentration account, and they are also prohibited from informing their clients about the existence of such accounts . Financial institutions are not allowed to provide any information to clients that may identify such internal accounts . Financial institutions are required to document and follow methods of identifying where the funds are for each customer in a concentration account that co-mingles funds belonging to one or more customers . </P> <P> The definition of money laundering was expanded to include making a financial transaction in the U.S. in order to commit a violent crime; the bribery of public officials and fraudulent dealing with public funds; the smuggling or illegal export of controlled munition and the importation or bringing in of any firearm or ammunition not authorized by the U.S. Attorney General and the smuggling of any item controlled under the Export Administration Regulations . It also includes any offense where the U.S. would be obligated under a mutual treaty with a foreign nation to extradite a person, or where the U.S. would need to submit a case against a person for prosecution because of the treaty; the import of falsely classified goods; computer crime; and any felony violation of the Foreign Agents Registration Act of 1938 . It also allows the forfeiture of any property within the jurisdiction of the United States that was gained as the result of an offense against a foreign nation that involves the manufacture, importation, sale, or distribution of a controlled substance . Foreign nations may now seek to have a forfeiture or judgment notification enforced by a district court of the United States . This is done through new legislation that specifies how the U.S. government may apply for a restraining order to preserve the availability of property which is subject to a foreign forfeiture or confiscation judgement . In taking into consideration such an application, emphasis is placed on the ability of a foreign court to follow due process . The Act also requires the Secretary of Treasury to take all reasonable steps to encourage foreign governments make it a requirement to include the name of the originator in wire transfer instructions sent to the United States and other countries, with the information to remain with the transfer from its origination until the point of disbursement . The Secretary was also ordered to encourage international cooperation in investigations of money laundering, financial crimes, and the finances of terrorist groups . </P> <P> The Act also introduced criminal penalties for corrupt officialdom . An official or employee of the government who acts corruptly--as well as the person who induces the corrupt act--in the carrying out of their official duties will be fined by an amount that is not more than three times the monetary equivalent of the bribe in question . Alternatively they may be imprisoned for not more than 15 years, or they may be fined and imprisoned . Penalties apply to financial institutions who do not comply with an order to terminate any corresponding accounts within 10 days of being so ordered by the Attorney General or the Secretary of Treasury . The financial institution can be fined $US 10,000 for each day the account remains open after the 10 - day limit has expired . </P> <P> The second annotation made a number of modifications to the BSA in an attempt to make it harder for money launderers to operate and easier for law enforcement and regulatory agencies to police money laundering operations . One amendment made to the BSA was to allow the designated officer or agency who receives suspicious activity reports to notify U.S. intelligence agencies . A number of amendments were made to address issues related to record keeping and financial reporting . One measure was a new requirement that anyone who does business file a report for any coin and foreign currency receipts that are over US $10,000 and made it illegal to structure transactions in a manner that evades the BSA's reporting requirements . To make it easier for authorities to regulate and investigate anti-money laundering operations Money Services Businesses (MSBs)--those who operate informal value transfer systems outside of the mainstream financial system--were included in the definition of a financial institution . The BSA was amended to make it mandatory to report suspicious transactions and an attempt was made to make such reporting easier for financial institutions . FinCEN was made a bureau of the United States Department of Treasury and the creation of a secure network to be used by financial institutions to report suspicious transactions and to provide alerts of relevant suspicious activities was ordered . Along with these reporting requirements, a considerable number of provisions relate to the prevention and prosecution of money - laundering . Financial institutions were ordered to establish anti-money laundering programs and the BSA was amended to better define anti-money laundering strategy . Also increased were civil and criminal penalties for money laundering and the introduction of penalties for violations of geographic targeting orders and certain record - keeping requirements . A number of other amendments to the BSA were made through subtitle B, including granting the Board of Governors of the Federal Reserve System power to authorize personnel to act as law enforcement officers to protect the premises, grounds, property and personnel of any U.S. National reserve bank and allowing the Board to delegate this authority to U.S. Federal reserve bank . Another measure instructed United States Executive Directors of international financial institutions to use their voice and vote to support any country that has taken action to support the U.S.'s War on Terrorism . Executive Directors are now required to provide ongoing auditing of disbursements made from their institutions to ensure that no funds are paid to persons who commit, threaten to commit, or support terrorism . </P>

Which of the following would most likely occur under the u.s. patriot act