Regulatory Alerts2007-05-01 | Advisory Withdrawal - Issue 32AAdded
Transactions Involving Nigeria (Advisory Withdrawal - Issue 32A)
FinCEN Advisory Issue 32 regarding the Federal Republic of Nigeria is hereby withdrawn. This withdrawal reflects the Financial Action Task Force's removal of Nigeria from its list of non-cooperative countries and Nigeria's enactment of significant anti-money laundering reforms. The enhanced scrutiny previously required for transactions involving Nigeria is no longer necessary. Institutions remain obligated to report suspicious activity and comply with all other applicable laws.
Topics
Share