Andrews' Bank & Lender Liability Litigation Reporter
October 31, 2002
Copyright (c) 2002 Andrews Publications
CORRESPONDENT ACCOUNTS TARGETED BY NEW RULE
Anti-Money Laundering Requirements
A final rule regarding correspondent accounts held at U.S. financial institutions by foreign banks has been issued by the U.S. Treasury Department's Financial Crimes Enforcement Network. The rule is in response to the USA Patriot Act's anti-money...