Regulatory Alerts2001-06-01 | Advisory Withdrawal - Issue 19AAdded
Transactions Involving Liechtenstein (Advisory Withdrawal - Issue 19A)
FinCEN Advisory 19 regarding the Principality of Liechtenstein is withdrawn because Liechtenstein has enacted significant reforms to its counter-money laundering system and implemented steps to meet international standards. Consequently, the enhanced scrutiny for transactions involving Liechtenstein previously required by Advisory 19 is no longer necessary. This withdrawal does not relieve banks and other financial institutions operating in the United States of their ongoing obligations to report suspicious activity or comply with all other applicable laws.
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