Finance & markets · 16/02/2018Updated: 10/17/2026 · 1 min read
FinCEN Proposes Rule to Ban ABLV Bank from US Correspondent Accounts
Summary
The US Financial Crimes Enforcement Network (FinCEN) has issued a notice of proposed rulemaking to prohibit ABLV Bank, AS from opening or maintaining a correspondent account in the US due to its high risk of money laundering concerns.
Original source language: Federal Register — Department of the TreasuryOpen original release →