Federal Agencies, FR Regulations & Notices
Proposal for Verifying the Identity of Individuals Seeking to Open Financial Accounts
7/23/02
AILA Doc. No. 02072403.
The Treasury Department with seven financial regulators, issued proposed rules that would require financial institutions to establish minimum procedures for identifying and verifying the identity of customers seeking to open financial accounts. (67 FR 48290, 48299, 48306, 48318, 48328, 7/23/02).
The Treasury Dept., together with seven financial regulators, issued proposed rules that would require financial institutions to establish minimum procedures for identifying and verifying the identity of customers seeking to open financial accounts. 'Non-U.S. persons' would need to provide an identification number from a govt-issued document. (67 FR 48290, 48299, 48306, 48318, 48328 7/23/02).
See the individual notices under Related Resources to the right.
Cite as AILA Doc. No. 02072403.