Urging the United Arab Emirates to immediately end any activities enabling money laundering in violation of United States sanctions against Iran.

IV 116TH CONGRESS 1ST SESSION H. RES. 671 Urging the United Arab Emirates to immediately end any activities enabling money laundering in violation of United States sanctions against Iran. IN THE HOUSE OF REPRESENTATIVES OCTOBER 31, 2019 Mr. CLEAVER submitted the following resolution; which was referred to the Committee on Foreign Affairs RESOLUTION Urging the United Arab Emirates to immediately end any activities enabling money laundering in violation of United States sanctions against Iran. Whereas the United Arab Emirates (UAE) has undertaken efforts to coordinate with United States partners to counter money laundering and terrorist financing and has participated in regional bodies to counter money laun- dering such as the Middle East and North Africa Finan- cial Action Task Force; Whereas recent efforts by the UAE to restrain illicit money transfers remain insufficient in addressing concerns about the evasion of United States sanctions and money laundering; Whereas the Department of State has highlighted the need for the UAE to ‘‘continue increasing the resources de- VerDate Sep 11 2014 23:50 Oct 31, 2019 Jkt 099200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6300 E:\BILLS\HR671.IH HR671 kjohnson on DSK79L0C42 with BILLS 2 •HRES 671 IH voted to investigating, prosecuting and disrupting money laundering’’, according to the Department’s ‘‘Narcotics Control Strategy Report’’; Whereas the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated 11 entities and indi- viduals involved in procurement on behalf of Iran’s bal- listic missile program in 2016; Whereas, in 2016, OFAC sanctioned Mabrooka Trading Co LLC (Mabrooka Trading)—based in the UAE—and its China- and UAE-based network that have been involved in procuring goods for Iran’s ballistic missile program; Whereas OFAC targeted two Iranian regime-linked networks pursuant to Executive Order 13382 (2005) for engaging in covert procurement activities benefitting multiple Ira- nian military organizations in August 2019; Whereas the second network targeted by OFAC in August 2019 was led by Seyed Hossein Shariat and procured various aluminum alloy products on behalf of components entities owned or controlled by Iran’s Ministry of Defense and Armed Forces Logistics; and Whereas the UAE’s lax enforcement of its antiproliferation export control laws have facilitated these violations of United States sanctions policy: Now, therefore, be it Resolved, That the House of Representatives— 1 (1) condemns the failure of the United Arab 2 Emirates (UAE) to effectively counter money laun- 3 dering activities conducted by Iranian companies to 4 bypass United States sanctions on Iran; and 5 VerDate Sep 11 2014 23:50 Oct 31, 2019 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\HR671.IH HR671 kjohnson on DSK79L0C42 with BILLS 3 •HRES 671 IH (2) urges the UAE to resolve existing short- 1 comings in its antimoney laundering laws and regu- 2 lations, as existing laws are not sufficient to deter 3 the activities of rogue companies. 4 Æ VerDate Sep 11 2014 23:50 Oct 31, 2019 Jkt 099200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\HR671.IH HR671 kjohnson on DSK79L0C42 with BILLS