HALISTER1: NY Bank Regulator to Publish Anti Money-Laundering Rules: WSJ

NY Bank Regulator to Publish Anti Money-Laundering Rules: WSJ

(Bloomberg) -- Department of Financial Services to add new requirements for banks to curb illegal transactions by known terror organizations and other criminals, WSJ says, citing regulations it reviewed.
  • New rules also require board officers or senior compliance officers to certify that cos.’ controls are adequate
  • To publish rules on Thursday; rules to go into effect Jan. 1
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here

UUID: 7947283