Comprehensive Iran Sanctions, Accountability, and Divestment Reporting Requirements (US Financial Crimes Enforcement Network Regulation) (FINCEN) (2018 Edition) The Law Library presents the complete text of the Comprehensive Iran Sanctions, Accountability, and Divestment Reporting Requirements (US Financial Crimes Enforcement Network Regulation) (FINCEN) (2018 Edition). Updated as of May 29, 2018 FinCEN, to comply with the congressional mandate to prescribe regulations under section 104(e) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ("CISADA") and consistent with its statutory mission under 31 U.S.C. 310, is issuing this final rule. The rule requires a U.S. bank that maintains a correspondent account for a foreign bank to inquire of the foreign bank, and report to FinCEN certain information with respect to transactions or other financial services provided by that foreign bank. Under the rule, U.S. banks will only be required to report this information to FinCEN upon receiving a specific written request from FinCEN. This final rule follows publication of a May 2, 2011 proposed rule, takes into account the public comments received, and adopts the provisions of the proposed rule with minor modifications described in the preamble. This book contains: - The complete text of the Comprehensive Iran Sanctions, Accountability, and Divestment Reporting Requirements (US Financial Crimes Enforcement Network Regulation) (FINCEN) (2018 Edition) - A table of contents with the page number of each section
- | Author: The Law The Law Library
- | Publisher: CreateSpace Independent Publishing Platform
- | Publication Date: Sep 12, 2018
- | Number of Pages: 42 pages
- | Language: English
- | Binding: Paperback
- | ISBN-10: 1727296281
- | ISBN-13: 9781727296280
