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FDIC Federal Register Citations

[April 26, 1999 (Volume 64, Number 77)]
[Unified Agenda]
From the Federal Register Online via GPO Access [frwais.access.gpo.gov]
[DOCID:ua26ap99_053-23]
[Page 22320]
Part LV
Federal Deposit Insurance Corporation
_______________________________________________________________________
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC)          Completed Actions
_______________________________________________________________________
4247. ``KNOW YOUR CUSTOMER'' REQUIREMENTS
Priority:  Substantive, Nonsignificant
Legal Authority:  12 USC 1813; 12 USC 1815; 12 USC 1817; 12 USC 1818;
12 USC 1819 (Tenth); 12 USC 1881 to 1883; 31 USC 5318; 42 USC 4012a; 42
USC 4104b; 42 USC 4106
CFR Citation:  12 CFR 326
Legal Deadline: None
Abstract: This rulemaking proposes to issue regulations requiring
insured nonmember banks to develop and maintain ``Know Your Customer''
programs, and report any transactions of its customers that are
determined to be suspicious, in accordance with the FDIC's existing
suspicious activity reporting regulations.
Timetable:
________________________________________________________________________
Action                            Date                      FR Cite
________________________________________________________________________
NPRM                            12/07/98                    63 FR 67529
NPRM Comment Period End         03/08/99
Withdrawn                       03/29/99                    64 FR 14845
Regulatory Flexibility Analysis Required: No
Government Levels Affected: None
Agency Contact: Carol A. Mesheske, Chief, Special Activities Section,
Federal Deposit Insurance Corporation, Division of Supervision,
Washington, DC 20429
Phone: 202 898-6750
RIN: 3064-AC19
[FR Doc. 99-4916 Filed 04-23-99; 8:45 am]
BILLING CODE 6714-01-F

Last Updated 4/26/1999 regs@fdic.gov

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