TITLE

Anti-Money Laundering Regs Remain

AUTHOR(S)
Fest, Glen
PUB. DATE
October 2007
SOURCE
Bank Technology News;Oct2007, Vol. 20 Issue 10, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the criticisms to the third edition of the Federal Financial Institutions Examination Council (FFIEC) examination manual in the U.S. It states that critics noted the lack of specifics about how and for who institutions should conduct enhanced due diligence. Al Avila, an attorney and former general counsel with the Florida International Bankers Association, states that the edition does not really gives guidance on the restrictions to the activities of banks.
ACCESSION #
27149156

 

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