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#106140 - 08/14/03 03:37 PM AML Affidavit
Anonymous
Unregistered

We received a request from another financial institution to complete an Anti-Money Laundering Affidavit. It appears that they are asking for this as part of their Know Your Customer. Has anyone else seen something like this? Any concerns about completing it?

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#106141 - 08/14/03 04:26 PM Re: AML Affidavit
Patsy Cline Offline
Diamond Poster
Patsy Cline
Joined: Sep 2002
Posts: 1,117
On the road...
From what I understand... if that institution relies on you to perform any portion of CIP, they should require you to certify annually that you have implemented a AML program and that you will perform the specified requirements delegated.
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Michelle CRCM

"What would you attempt to do if you knew you could not fail?" ~ unknown


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