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SRES 346 112th Congress Senate International Affairs Antigua and Barbuda Bank accounts, deposits, capital Caribbean area Crime victims Criminal investigation, prosecution, interrogation Financial services and investments Foreign aid and international relief Foreign and international banking Foreign loans and debt Fraud offenses and financial crimes Jurisdiction and venue Latin America Multilateral development programs

A resolution expressing the sense of the Senate regarding the Government of Antigua and Barbuda and its actions relating to the Stanford Financial Group fraud.

Introduced: December 8, 2011 See on congress.gov
This resolution expired with the 112th Congress
It was not agreed to before the 112th Congress (2011–2012) adjourned, so it is no longer active. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Agreed to (Senate)
Dec 8, 2011
Referred to the Committee on Foreign Relations. (text of measure as introduced: CR S8464-8465)
Dec 8, 2011
Introduced in Senate
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 Plain-English summary Congressional Research Service

Expresses the sense of the Senate that all further assistance provided by the United States to Antigua and Barbuda should be suspended until Antigua and Barbuda provide complete redress of specified issues regarding an investigation of the Stanford Financial Group fraud.

Includes among such redress: (1) an agreement by of Antigua and Barbuda to be subject to the jurisdiction and bound by the judgment of any U.S. court that adjudicates the claims relating to the Stanford Financial Group fraud; (2) the transfer of the assets seized by Antigua and Barbuda, or obtained by the joint liquidators of Stanford International Bank, to the U.S. district court-appointed receiver for the benefit of victims of the fraud; (3) a specified contribution by Antigua and Barbuda to the U.S. receivership estate for the benefit of victims of the fraud; (4) fulfillment by Antigua and Barbuda of their obligations relating to the expropriation of the Half Moon Bay Resort; and (5) an agreement by Antigua and Barbuda to neither interfere with the receivership commenced by the United States, nor seek control of assets claimed by the United States.

Expresses the sense of the Senate that the Secretary of the Treasury should direct the U.S. Executive Directors of the International Bank for Reconstruction and Development and the International Development Association (World Bank) and the International Monetary Fund (IMF) to use the voice and vote of the United States to ensure that any future loan made by the World Bank or the IMF to Antigua and Barbuda is conditioned upon providing complete redress of these matters, and satisfaction of this resolution.

What's happening now December 8, 2011

Referred to the Committee on Foreign Relations. (text of measure as introduced: CR S8464-8465)

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. Res. 346: A resolution expressing the sense of the Senate regarding the Government of Antigua and Barbuda and its actions relating to the Stanford Financial Group fraud.. 112th Congress. Open America. https://openamerica.io/bill/112-SRES-346/
MLA
"S. Res. 346: A resolution expressing the sense of the Senate regarding the Government of Antigua and Barbuda and its actions relating to the Stanford Financial Group fraud.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-SRES-346/.
Bluebook (legal)
S. Res. 346, 112th Cong. (2026), https://openamerica.io/bill/112-SRES-346/.
Markdown link
[S. Res. 346: A resolution expressing the sense of the Senate regarding the Government of Antigua and Barbuda and its actions relating to the Stanford Financial Group fraud.](https://openamerica.io/bill/112-SRES-346/)
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