§ 8921. Definitions

In this chapter:

• (1) The terms “account”, “correspondent account”, and “payable-through account” have the meanings given those terms in section 5318A of title 31 .
• (2) The term “appropriate congressional committees” means—
  • (A) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate; and
  • (B) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives.
• (3) The terms “defense article”, “defense service”, and “training” have the meanings given those terms in section 2794 of this title .
• (4) The term “financial institution” means a financial institution specified in subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), (M), or (Z) of section 5312(a)(2) of title 31 .
• (5) The term “foreign financial institution” has the meaning given that term in section 561.308 of title 31, Code of Federal Regulations (or any corresponding similar regulation or ruling).
• (6) The term “foreign person” means any individual or entity that is not a United States citizen, a permanent resident alien, or an entity organized under the laws of the United States or any jurisdiction within the United States.
• (7) The term “knowingly”, with respect to conduct, a circumstance, or a result, means that a person has actual knowledge, or should have known, of the conduct, the circumstance, or the result.
• (8) The term “Russian person” means—
  • (A) an individual who is a citizen or national of the Russian Federation; or
  • (B) an entity organized under the laws of the Russian Federation.
• (9) The term “special Russian crude oil project” means a project intended to extract crude oil from—
  • (A) the exclusive economic zone of the Russian Federation in waters more than 500 feet deep;
  • (B) Russian Arctic offshore locations; or
  • (C) shale formations located in the Russian Federation.