Finanse publiczne · 04/03/2016

FinCEN Withdraws Finding on Banca Privada d'Andorra, Citing Reduced Money Laundering Risks

The Financial Crimes Enforcement Network (FinCEN) has withdrawn its finding that Banca Privada d'Andorra (BPA) poses a primary money laundering concern, following material developments that have reduced these risks, and is also withdrawing a proposed rulemaking that would have imposed special measures on the bank.