POLITICALLY EXPOSED PERSONS

Overview - Federal Financial Institutions Examination Council

The regulatory interpretation states that, for purposes of 1010.410(f), the term “address” means either the transmittor’s street address or the transmittor’s address maintained in the financial institution’s automated CIF (such as a mailing address including a post office box)

  Regulatory, Institutions

Suspicious Activity Reporting — Overview

Suspicious activity reporting forms the cornerstone of the BSA reporting system. It is critical to the United States’ ability to utilize financial information to combat terrorism, terrorist financing, money laundering, and other financial crimes. Examiners and banks should

  Activity, Reporting, Overview, Financing, Terrorists, Suspicious, Terrorist financing, Suspicious activity reporting overview

2014 FFIEC Bank Secrecy Act/Anti-Money Laundering ...

Bank Secrecy Act/ Anti-Money Laundering Examination Manual . Federal Financial Institutions Examination Council . Board of Governors of the Federal Reserve System, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, National Credit Union Administration, Office of the Comptroller of the Currency, State Liaison Committee ...

  Manual, Examination, 2014, Money, Anti, Laundering, Act anti money laundering examination manual

Nonbank Financial Institutions — Overview

to exceed $2,000 maximum value per device on any day. • Provide prepaid access solely to funds provided by a government agency. • Provide prepaid access to funds for pre-tax flexible spending for health and dependent care, or from Health Reimbursement Arrangements for …

  Health, Value, Overview, Financial, Institutions, Spending, Nonbank, Nonbank financial institutions overview

CURRENCY TRANSACTION REPORTING

31 CFR 1020.320(a)(2)(ii). 15. 31 CFR 1010 Subpart H. Currency Transaction Reporting FFIEC BSA/AML Examination Manual 4 February 2021 . Filing and Record Retention . All CTRs must be filed through . FinCEN’s BSA E-Filing System. 16 Certain fields in the CTR

  Reporting, Transactions, Currency, Currency transaction reporting

CUSTOMER IDENTIFICATION PROGRAM

• For a credit card account, the bank may also obtain CIP identifying information about the customer by acquiring it from a third-party source prior to extending credit to the customer. 17. 13 . 31 CFR 1020.220(a)(2)(i). Given the definition of …

  Bank, Programs, Identification, Customer, Customer identification program

PURCHASE AND SALE OF CERTAIN MONETARY …

The bank shall verify the purchaser’s name and address by examination of a document which is normally acceptable within the banking community as a means of identification when cashing checks for nondepositors and that contains the name and address of the purchaser, and shall record the specific identifying

  Bank, Examination

Overview - Federal Financial Institutions Examination Council

FFIEC BSA/AML Examination Manual 236 2/27/2015.V2 behalf of the customer’s clients. When the bank is unable to identify and understand the nature and source of the transactions processed through an account, the risks to the bank and the likelihood of suspicious activity can increase. If a bank has not implemented an adequate

  Bank, Manual, Examination, Examination manual

BSA/AML Independent Testing - 508

lower-risk profiles for ML/TF and other illicit financial activities may consider utilizing a shared resource as part of a collaborative arrangement to conduct independent testing. 2. ... For detailed information on collaborative arrangements see “ Interagency Statement on Sharing Bank Secrecy Act Resources,” issued by Federal Reserve, FDIC ...

  Activities, Testing, Independent, Collaborative, Arrangement, Interagency, Bsa aml independent testing, Collaborative arrangements

Private Banking — Overview

Due diligence policies, procedures, and processes are required for private banking accounts for non-U.S. persons by section 312 of the USA PATRIOT Act. Refer to the core overview section, “Private Banking Due Diligence Program (Non-U.S. Persons),” page 125, for additional guidance.

  Overview, Patriot

poliTicAlly exposed persons - FATF-GAFI.ORG

POLITICALLY EXPOSED PERSONS (RECOMMENDATIONS 12 AND 22) 2013 3 . I. INTRODUCTION . 1. A politically exposed person (PEP) is defined by the Financial Action Task Force (FATF) as an individual who is or has been entrusted with a prominent public function. Due to their position and

  Exposed, Politically, Politically exposed

Basel Committee on Banking Supervision

Working Group on Cross-border Banking Co-Chairs: Mr Charles Freeland, Deputy Secretary General, Basel Committee on Banking Supervision Mr Colin Powell, Chairman, Offshore Group of Banking Supervisors, and Chairman,

  Committees, Supervision, Banking, Basel, Basel committee on banking supervision

The Vagina Monologues - MIT

during sex, trying to be politically correct — “Darling, could you stroke my vagina?” — you kill the act right there. WOMAN 2 We were worried about vaginas, what we call them and don’t call them. WOMAN 3 In Great Neck*, they call it Pussycat. A woman there said that her mother used to tell her “Don’t wear

  Monologues, Politically, Naviga, Vagina monologues

The Impact of Media Censorship: Evidence from a Field ...

The Impact of Media Censorship: Evidence from a Field Experiment in China Yuyu Chen David Y. Yang* January 4, 2018 — JOB MARKET PAPER — — CLICK HERE FOR LATEST VERSION — Abstract Media censorship is a hallmark of authoritarian regimes.

Generational Differences in Young Adults' Life Goals ...

Mar 05, 2012 · the Boomer generation. This will give a more complete picture of generational changes. Specifically, the time-lag studies we investigate can compare three generations at about age 18: Boomers (born 1943– 1961), Generation X (1961–1981), and the current young generation (1982–1999; we will use the common label Millennials: Pew Re- search Center, 2010; Howe & …

Beneficiary Distribution Election Form

Senior Political Figure and Politically Exposed Person Indicate if you should be identified as a senior political figure or politically exposed person. …

  Form, Distribution, Beneficiary, Election, Exposed, Politically, Politically exposed, Beneficiary distribution election form

poliTicAlly exposed persons - FATF-GAFI.ORG

POLITICALLY EXPOSED PERSONS (RECOMMENDATIONS 12 AND 22) 2013 3 . I. INTRODUCTION . 1. A politically exposed person (PEP) is defined by the Financial Action Task Force (FATF) as an individual who is or has been entrusted with a prominent public function. Due to their position and

  Financial, Action, Tasks, Force, Financial action task force, Exposed, Politically, Politically exposed

FG17/6: The treatment of politically exposed persons for ...

FG 17/6 The treatment of politically exposed persons for anti-money laundering purposes . July 2017 . Financial Conduct Authority Page 2 of 13 substance of the guidance has already been consulted on and so no useful purpose would served to consult on it again.

  Guidance, Exposed, Politically, Politically exposed

POLITICALLY EXPOSED PERSONS

Politically Exposed Persons Examination and Testing Procedures Objective: Evaluate the bank’s policies, procedures, and processes to assess, manage, and mitigate potential risks associated with foreign individual customers who the bank has designated as politically exposed persons (PEPs).

  Exposed, Politically, Politically exposed