Tag: aml
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Agencies Request Comment on Anti-Money Laundering/Countering the Financing of Terrorism Proposed Rule
Joint Release: Federal Deposit Insurance CorporationFederal Reserve BoardNational Credit Union AdministrationOffice of the Comptroller of the Currency News Release 2024-82 | July 19, 2024 Agencies Request Comment on Anti-Money Laundering/Countering the Financing of Terrorism Proposed Rule Four federal financial institution regulatory agencies today requested comment on a proposal to…
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U.S. STRIKES AT IRAN MONEY SOURCE DAY LATE AND DOLLARS SHORT
WASHINGTON—Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a final rule under section 311 of the USA PATRIOT Act (section 311) that severs Al-Huda Bank from the United States financial system by prohibiting domestic financial institutions and agencies from opening or maintaining a correspondent account for or on behalf of…