Free Webinar: CDD/Beneficial Ownership — One Year Out
Thursday, May 11th - 1:00 PM CT
We're almost one year out from the new Customer Due Diligence (CDD) rule's deadline. Join us as we discuss all things CDD, including policies, procedures and training. We will help you prepare and discuss what steps your core, new account platform and AML software vendors are taking now to ensure you're compliant by May 2018. (Register here.)
OFAC designates two Pakistanis as Global Terrorists
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has acted to disrupt Lashkar-e Tayyiba’s (LeT) fundraising and support networks by designating two of the group’s senior leaders as Specially Designated Global Terrorists (SDGTs). All property and interests in property of these two individuals subject to U.S. jurisdiction are now blocked, and U.S. persons are generally prohibited from engaging in transactions with them. See our OFAC Update for details.