FinCEN Imposes Special Measure on Lebanese Canadian Bank SAL Over Money Laundering Concerns

Summary

The Financial Crimes Enforcement Network (FinCEN) has proposed a special measure against the Lebanese Canadian Bank SAL (LCB) due to concerns over its role in primary money laundering, following a finding by the Secretary of the Treasury that reasonable grounds exist for this conclusion.

Original source language: Federal Register — Department of the TreasuryOpen original release →

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