31 C.F.R. 1010.230 - Beneficial ownership requirements for legal entity customers

Cite as31 C.F.R. 1010.230
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75 practice notes
  • Small Business Lending Data Collection Under the Equal Credit Opportunity Act (Regulation B)
    • United States
    • Consumer Financial Protection Bureau
    • Invalid date
    ...these terms. --------------------------------------------------------------------------- \316\ SBREFA Outline at 18-19. \317\ See 31 CFR 1010.230. --------------------------------------------------------------------------- Some SERs expressed concerns with certain aspects of the statutory d......
  • 2021 Global Anti-Bribery Year-in-Review
    • United States
    • JD Supra United States
    • January 28, 2022
    ...415 The Customer Due Diligence (CDD) Rule is codified at 31 C.F.R. § 1010.230. For a more detailed summary of the CDD Rule, see WilmerHale, FinCEN Release: Frequently Asked Questions Regarding Customer Due Diligence and Beneficial Ownership Requirements (Apr. 10, 2018), https://www.wilmerha......
  • Customer Due Diligence Requirements for Financial Institutions
    • United States
    • Federal Register May 11, 2016
    • May 11, 2016
    ...requirement, for the reasons articulated above. --------------------------------------------------------------------------- \77\ See 31 CFR 1010.230(e)(2)(i), which includes certain persons exempt from CTR Some commenters also requested that FinCEN exclude other ``low- risk'' entities from ......
  • Customer Due Diligence Requirements for Financial Institutions
    • United States
    • Federal Register August 04, 2014
    • August 4, 2014
    ...The second component, identification of the beneficial ownership of legal entity customers, is proposed as a separate rule in 31 CFR 1010.230, as outlined above. The third and fourth components of understanding the nature and purpose of an account and ongoing monitoring--which have been und......
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