Skip to content

Comment deadline on reopened FinCEN special measure against FBME Bank Ltd


FinCEN is reopening its Final Rule imposing the fifth special measure against FBME Bank Ltd., originally imposed with an effective date of August 28, 2015. On August 27, 2015, the U.S. District Court for the District of Columbia granted FBME's request for a preliminary injunction to prevent the measure from taking effect. On November 6, 2015, the Court granted the government's motion for voluntary remand to allow for further rulemaking proceedings, particularly with respect to the unclassified, non-protected documents that support the rulemaking and whether any alternatives to the prohibition of the opening or maintaining of correspondent accounts with FBME would effectively mitigate the risk to domestic financial institutions. Comments are due by January 26, 2016.

Penalties View All

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Compliance Deadlines

By Status