Inactive Financial Institution Letters
|Bank Secrecy Act
Multibanka, Riga, Latvia – Withdrawal of Designation of Primary Money Laundering Concern
July 26, 2006
||The Department of the Treasury has withdrawn the finding and proposed notice for rulemaking for Multibanka, Riga, Latvia, as a financial institution of primary money laundering concern.
- On July 12, 2006, the Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) withdrew its finding of April 26, 2005, designating Multibanka, Riga, Latvia, to be a financial institution of "primary money laundering concern" under Section 311 of the USA PATRIOT Act.
- The notice of proposed rulemaking has been withdrawn as of July 13, 2006.
- Please distribute this information to the appropriate personnel in your institution.
FDIC-Supervised Banks (Commercial and Savings)
Chief Executive Officer
BSA Compliance Officer
Bank Secrecy Act
Federal Register notice - PDF 62k (PDF
Review Examiner Debra L. Novak at
SASFIL@FDIC.gov or (202) 898-3673
FDIC Financial Institution Letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2006/index.html.
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Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 3501 North Fairfax Drive, Room E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562-2200).