Is the USA Patriot Act lobby and new account disclosure changing due to Beneficial Ownership requirements as of May 11?
We have seen samples adding "In addition on legal entity accounts, we will require identification on beneficial owners and controlling person."
Is the USA Patriot Act Lobby and Desk Notice Still Required?
I attended Ken Golliher's seminar yesterday in Tulsa, it was very informative. I understood him to say that even if we don't do international transactions at this time, that he would still advise us to address Section 311 (Special Measures) of the USA PATRIOT Act in our policy/procedures. I was hoping someone
could weigh in on this for me.
What is the difference between Section 311 and Section 312 of the USA PATRIOT Act?