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Financial Crimes Enforcement Network; Withdrawal of the Notice of Finding Involving Banco Delta Asia SARL (BDA)

aml-bsa-fincen · FinCEN · Rule · Published 2020-08-10 · 85 FR 48104

Document

Document number
2020-17144
Federal Register citation
85 FR 48104
CFR reference
31 CFR 1010
Type
Rule
Action
Withdrawal of finding.
Category
aml-bsa-fincen
Sub-agency
FinCEN
Publication date
2020-08-10

Abstract

This document withdraws FinCEN's finding that BDA is a financial institution of primary money laundering concern, which was issued pursuant to Section 311 of the USA PATRIOT Act (Section 311). Subsequent to the issuance of this withdrawal, FinCEN will reassess whether BDA is presently a financial institution of primary money laundering concern and additional rulemaking is warranted. Elsewhere in this issue of the Federal Register, FinCEN is publishing a repeal of the related rulemaking, published March 19, 2007, imposing the fifth special measure against BDA.

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Authoritative
Federal Register document
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