Regulatory Alerts2017-08-24 | 29527Added · Updated
Central Bank of Trinidad and Tobago Circular on U.S. OFAC Sanctions Regarding Syria International Islamic Bank
The Central Bank of Trinidad and Tobago directs all licensed financial institutions, insurance companies, and bureaus de change to identify exposures to Syria International Islamic Bank, which the U.S. Department of the Treasury’s Office of Foreign Assets Control designated under Executive Order 13382. Institutions are required to report any transactions with this entity to the Financial Intelligence Unit of Trinidad and Tobago without delay and to update their Anti-Money Laundering and Combating the Financing of Terrorism compliance frameworks accordingly.
Topics
Share