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Financial Crimes Enforcement Network; Amendment Regarding Financial Institutions Exempt from Establishing Anti-Money Laundering Programs

aml-bsa-fincen · FinCEN · Rule · Published 2008-01-11 · Effective 2008-01-11 · 73 FR 1975

Document

Document number
E8-315
Federal Register citation
73 FR 1975
CFR reference
31 CFR 103
Type
Rule
Action
Final rule.
Category
aml-bsa-fincen
Sub-agency
FinCEN
Publication date
2008-01-11
Effective date
2008-01-11

Abstract

The Financial Crimes Enforcement Network ("FinCEN") is amending the provision in its regulations that defers, for certain categories of financial institutions, the application of the anti-money laundering program requirements in section 352 of the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism ("USA PATRIOT") Act of 2001. Two of the categories of financial institutions specifically exempted from having to establish an anti-money laundering program subsequently have been required by regulation to establish such programs, and this rulemaking will amend the regulations to reflect those changes.

Source

Authoritative
Federal Register document
Machine
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