Which section of theUSA PATRIOT Actrelates toforfeiture of fundsand allows forextraterritorial reach?

USA PATRIOT Act Section 319(b)gives theU.S. governmentthe power toseize fundsfroma U.S. correspondent bank account held for a foreign bank, if the funds are linked to illicit activity.

Option C (Correct):Section 319(b) explicitly allows asset forfeiturefromforeign correspondent bank accounts in the U.S.

Option A (Incorrect):Section 319(a)grants U.S. regulatorsfaster access to bank records(within120 hours).

Option B (Incorrect):Section 314(a)deals withinformation sharing between banks and law enforcement.

Option D (Incorrect):Section 314(b)allowsbanks to voluntarily share AML information among themselves.