Regulacje i polityka gospodarcza · 26/09/2002

FinCEN Proposes New Anti-Money Laundering Rules for Unregistered Investment Companies

The Financial Crimes Enforcement Network (FinCEN) is proposing changes to the Bank Secrecy Act (BSA) regulations to require unregistered investment companies, such as hedge funds and commodity pools, to implement anti-money laundering programs, following a revised provision in the BSA that mandates financial institutions to establish these programs.