Sep 10, 2014 | News

Advisory Review for Introducing Brokers and Futures Commissions Merchants

In August, the Financial Crimes Enforcement Network (FinCEN) issued an Advisory announcing that the Financial Action Task Force (FATF) had updated its list of jurisdictions with strategic anti-money laundering and counter-terrorist financing (AML/CFT) deficiencies.   We recommend that all NFA IBs and FCMs review this Advisory to ensure AML programs include the most current information on FATF-identified jurisdictions with AML/CFT deficiencies, and revise their AML programs accordingly.

Click here to view a copy of the advisory.

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