§ 240.17i-4 Internal risk management control system requirements for supervised investment bank holding companies.  


Latest version.
  • (a) A supervised investment bank holding company shall comply with §240.15c3–4 as though it were an OTC derivatives dealer with respect to all of its business activities, except paragraphs (c)(5)(xiii), (c)(5)(xiv), (d)(8), and (d)(9) will not apply; and

    (b) As part of its internal risk management control system, a supervised investment bank holding company must establish, document, and maintain procedures for the detection and prevention of money laundering and terrorist financing.

    [69 FR 34494, June 21, 2004]