U.S. denies a report it's probing brokerages for money laundering

Henry, Shannon
October 1994
American Banker;10/6/1994, Vol. 159 Issue 193, p9
Trade Publication
Reports on the denial made by the United States government that it is investigating some of the biggest brokerage firms in the country for money-laundering violations. Report from the Wall Street Journal; Companies allegedly under investigation; Related laws; Expectations from the Treasury Department; Related developments.


Related Articles

  • Ottawa aims to update money laundering rules.  // Canadian Banker;Sep/Oct97, Vol. 104 Issue 5, p8 

    Focuses on Canadian government's proposed changes to the nation's anti-money-laundering regulations. Modifications to requirements for client identification; Flexibility in identifying clients to accommodate Internet banking.

  • NCADD WASHINGTON REPORT.  // NCADD Washington Report;Aug2001, Vol. 4 Issue 8, p1 

    Reports developments related to alcoholism and drug dependence in the United States as of August 2001. Request of Senator Dianne Feinstein to limit alcoholic beverage drink for airline passengers; Details of the laws for laundering drug money; Appointment of Representative Asa Hutchinson to...

  • Laundering rules to go through a hotter cycle. Boles, Corey // Money Marketing;8/15/2002, p20 

    Discusses the plan of Great Britain's Financial Services Authority (FSA) to expand its money-laundering regulations. Key provisions of the regulations designed for the country's financial services industry; Concerns raised by the independent financial advisers about the implications of the...

  • Patriot Act Regs Tricky For Producers. Ruquet, Mark E. // National Underwriter / Property & Casualty Risk & Benefits Manag;6/3/2002, Vol. 106 Issue 22, p24 

    Reports on the different views from the insurance industry in the U.S. on how insurance producers will comply with the Patriot Act's money laundering provisions. Terms under the Patriot Act; Information on how an individual would get money back from an insurance company; Comments from Joel...

  • Swindlers list. Hunter, Robert; Sinclair, Liz // Lawyer;9/23/2002, Vol. 16 Issue 38, pOS5 

    Discusses the effect of money laundering regulation in Great Britain of forcing offshore jurisdictions to ensure that their transactions are in compliance with such regulations. Common characteristics of offshore financial centers (OFC); Establishment in 1998 of the Financial Action Task Force...

  • Treasury planning changes in money-laundering rules. Meredith, Robyn // American Banker;9/23/1993, Vol. 158 Issue 183, p8 

    Features the Treasury Department's point man on money laundering Peter Djinis as saying that important modifications in the financial program would be coming. `Know-your-customer' regulations and guidelines to help banks recognize suspicious activities; Regulations applying to banks and...

  • Anti-Laundering Rules in Flux And Banks Must Be Proactive. Vangel, Donald T. // American Banker;9/22/2000, Vol. 165 Issue 183, p17 

    Focuses on the United States federal government's anti-money laundering rules for banks. Determining the level of enhanced due diligence for clients that require monitoring; Understanding the client's normal and expected transactions; Identifying an unusual transaction that may require the...

  • Double Payouts, Other Risks Of New Launder/Terror Law. Stern, Todd; Kini, Satish M.; Heifetz, Stephen R. // American Banker;12/21/2001, Vol. 166 Issue 244, p16 

    Comments on the International Money Laundering Abatement and Anti-Terrorist Financing Act of 2001 relevant to United States and foreign financial institutions. Conditions permitting the rights of forfeiting deposits made in a foreign bank by a US bank; Risks of foreign banks to double payouts;...

  • Editor's Note. Kline, Alan // American Banker;1/3/2002, Vol. 167 Issue 2, p3A 

    Focuses on the community banking in the U.S. Legislation of the Congress on money-laundering; Provision on cutting off the flow of funds to terrorist; Implication of the law on the banking industry.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics