# Financial Crimes Enforcement Network; Anti-Money Laundering Requirements-Correspondent Accounts for Foreign Shell Banks; Recordkeeping and Termination of Correspondent Accounts for Foreign Banks
> **FinCEN** · Final rule. · Published 2002-12-24 · Effective 2002-12-24 · 67 FR 78383
## Document
- **Document number:** 02-32333
- **Category:** aml-bsa-fincen
- **Sub-agency:** FinCEN
- **Federal Register citation:** 67 FR 78383
- **CFR reference:** 31 CFR 103
- **Publication date:** 2002-12-24
- **Effective date:** 2002-12-24
## Abstract

FinCEN is issuing this final rule to extend the time by which certain financial institutions must obtain information from each foreign bank for which they maintain a correspondent account concerning the foreign bank's status as "shell" bank, whether the foreign bank provides banking services to foreign shell banks, certain owners of the foreign bank, and the identity of a person in the United States to accept service of legal process.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2002/12/24/02-32333/financial-crimes-enforcement-network-anti-money-laundering-requirements-correspondent-accounts-for)
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