Customer Due Diligence Requirements for Financial Institutions

Document ID: FINCEN-2012-0001-0001
Document Type: Proposed Rule
Agency: Financial Crimes Enforcement Network
Topics: No Topics associated with this document
Federal Register Number: 2012-05187
CFR Citation: 31 CFR Chapter X
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Details Information

Abstract: FinCEN, after consulting with staffs of various Federal supervisory authorities, is issuing this advance notice of proposed rulemaking (ANPRM) to solicit public comment on a wide range of questions pertaining to the development of a customer due diligence (CDD) regulation that would codify, clarify, consolidate, and strengthen existing CDD regulatory requirements and supervisory expectations, and establish a categorical requirement for financial institutions to identify beneficial ownership of their accountholders, subject to risk-based verification and pursuant to an alternative definition of beneficial ownership as described below.
Document Subtype: Advance Notice of Proposed Rulemaking (ANPRM)
Received Date: March 05 2012, at 12:00 AM Eastern Standard Time
Start-End Page: 13046 - 13055
Comment Start Date: March 5 2012, at 12:00 AM Eastern Standard Time
Comment Due Date: May 4 2012, at 11:59 PM Eastern Standard Time

Comments

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Total: 70
Comment on FR Doc # 2012-05187
Submitter: PERKINS, JOYCE    Posted: 05/08/2012     ID: FINCEN-2012-0001-0002

May 04,2012 11:59 PM ET
Comment on FR Doc # 2012-05187
Submitter: Giroux, Lynn    Posted: 05/08/2012     ID: FINCEN-2012-0001-0003

May 04,2012 11:59 PM ET
Comment on FR Doc # 2012-05187
Submitter: Thompson, Robbie    Posted: 05/08/2012     ID: FINCEN-2012-0001-0004

May 04,2012 11:59 PM ET
Comment on FR Doc # 2012-05187
Submitter: Adams, David    Posted: 05/08/2012     ID: FINCEN-2012-0001-0005

May 04,2012 11:59 PM ET
Comment on FR Doc # 2012-05187
Submitter: Baynard, William    Posted: 05/08/2012     ID: FINCEN-2012-0001-0006

May 04,2012 11:59 PM ET

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