Treasury Seeking Comments on Information Collection Involving CIP Requirements
The Treasury Department is seeking public comments on an information collection involving its customer identification program (CIP) regulatory rules for certain financial institutions. The agency said it requires banks and other similar financial entities to maintain “minimum standards for customer…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
identification programs,” which can help alert the government about transactions that may be supporting terrorism, money laundering, sanctions evasion or other criminal activities. Public comments on the information collection are due Sept. 30.