31 C.F.R. §1020.220 - Customer identification programs for banks, savings associations, credit unions, and certain non-Federally regulated banks
| Cite as | 31 C.F.R. §1020.220 |
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10 firm's commentaries
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FinCEN Issues Final Rules for Customer Due Diligence Requirements
...be on alert for the coming of enhanced beneficial owner identification requirements from their respective regulators. 1 31 C.F.R. §§ 1010, 1020, 1023, et al., Customer Due Diligence Requirements for Financial Institutions – Final Rule (May 11, 2016), available at 2 Prepart of its customer d......
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Federal Regulators Clarify Bank CIP Obligations for Prepaid Cardholders
...rechargeable cards.”), while in the United States there is no requirement to show identification for non-reloadable cards. 4 See e.g. 31 C.F.R. §1020.220(a)(1) (banks); 31 C.F.R. §1023.220(a)(1) (broker-dealers). 5 31 C.F.R. §1020.100(a)(1). 6 See FFIEC Bank Secrecy Act/Anti-Money Launderin......
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Corporate Transparency Act Creates National Database of Company Ownership Information
...a whole or fractional interest in the entity." NDAA, Section 6403 §5336(f), p. 1234. 23 NDAA, Section 6403, p. 1218. 24 See, e.g., 31 CFR 1020.220(a) (prescribing customer identification program requirements for banks). 25 NDAA, Section 6403 §5336(c)(5), p. 1227. 26 Id. at Section 6403, p. ......
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FTC Report Seeks Congressional Review of Data Broker Industry
...if enacted, would add transparency across the industry and increase the ease of and opportunity for consumer access. [1] 31 C.F.R. §1020.220. [2] 15 U.S.C. §§ 1681 et seq. [3] In reaction to a 1997 FTC workshop on the personal identification data, industry participants more recently formed ......
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