Msb policy and procedure manual

AML Guides and Publications - Back

Notably, and as discussed in more detail below, the Guidance makes clear that both principal MSBs and agents are independently responsible for their own AML compliance, regardless of the existence of contractual arrangements; e.g., those that require the agent to adhere to the policies of another, principal, MSB.

Money Service Businesses - NACS, Inc.

But MSBs that rely on agents should still review the Guidance carefully.

Supervisory Letter - NCUA

POLICY & PROCEDURE MANUAL DEPARTMENT Administration.

The fact that Fin CEN has decided to release this Guidance now shows that the agency is focused on the issue.

POLICY & PROCEDURE MANUAL DEPARTMENT

And the agency does clarify some important points related to agent monitoring by MSBs.


Msb policy and procedure manual:

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