Regulacje i polityka gospodarcza · 24/12/2002

FinCEN Extends Time for Foreign Banks to Provide Information on Shell Bank Status

The Financial Crimes Enforcement Network (FinCEN) is issuing a final rule that extends the time for financial institutions to obtain information from foreign banks with correspondent accounts about the foreign bank's status as a 'shell' bank, its relationship with foreign shell banks, and the identity of a person in the US who can accept service of legal process.