Clarification of Time for Designation of Exempt Persons for Purposes of 31 CFR 10322h

97-RA-02 / February 1997
Clarification of Time for Designation of Exempt Persons for Purposes of 31 CFR 10322h
Subject
BSA/AML
To
ALL FEDERALLY INSURED CREDIT UNIONS
Status
Active
To
ALL FEDERALLY INSURED CREDIT UNIONS
Subj
Clarification of Time for Designation of Exempt Persons for Purposes of 31 CFR 10322h

The Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has requested NCUA to distribute the enclosed information regarding a recently published Interim Rule in the Bank Secrecy Act.

As noted in this information, the final rule on this subject should clarify the meaning of the language.

Sincerely,

/S/

Norman E. D'Amours

Chairman

Last modified on
09/25/20