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

Document ID: FINCEN-2008-0005-0001
Document Type: Rule
Agency: Financial Crimes Enforcement Network
Topics: Banks and Banking, Brokers, Counter-Money Laundering, Counter-Terrorism, Currency, Foreign Banking, Reporting and Recordkeeping Requirements
Federal Register Number: E8-00315
CFR Citation: 31 CFR 103
View Document:  View as format pdf View as format html

Details Information

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.
Document Subtype: Final Rule
Received Date: January 11 2008, at 07:10 AM Eastern Standard Time
Start-End Page: 1975 - 1976
Comment Start Date: January 11 2008, at 12:00 AM Eastern Standard Time
Comment Due Date: January 11 2008, at 11:59 PM Eastern Standard Time

Comments

Total: 0
No comments posted.

Related Documents

    More
Total: 10
Transfer and Reorganization of Bank Secrecy Act Regulations
Financial Crimes Enforcement Network; Withdrawal of the Notice of Proposed Rulemaking; Anti-Money Laundering Programs for Commodity Trading Advisors
Financial Crimes Enforcement Network; Withdrawal of the Notice of Proposed Rulemaking; Anti-Money Laundering Programs for Investment Advisers
Financial Crimes Enforcement Network; Withdrawal of the Notice of Proposed Rulemaking; Anti-Money Laundering Programs for Unregistered Investment Companies
Financial Crimes Enforcement Network; Proposed Amendments to the Bank Secrecy Act Regulations--Exemptions From the Requirement To Report Transactions in Currency; Comment Request