Introductory BSA/AML Examiner School, Atlanta, CA

F I N C E N A D V I S O R Y

Reminder of Regulatory Obligations for U.S. Financial Institutions Regarding Senior Foreign Political Figures and Suspicious Activity Reporting Consistent with existing regulatory obligations, financial institutions should take reasonable, risk-based steps to identify and limit exposure they may have to funds and other assets associated with individuals and entities involved in laundering illicit proceeds, including the proceeds of foreign corruption. However, financial institutions are reminded that the bulk of PEPs are dedicated public servants and concerns over the criminal and corrupt conduct of some

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