Bank Secrecy Act Multibanka, Riga, Latvia – Withdrawal of Designation of Primary Money Laundering Concern
FIL-67-2006 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The Department of the Treasury has withdrawn the finding and proposed notice for rulemaking for Multibanka, Riga, Latvia, as a financial institution of primary money laundering concern.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The notice of proposed rulemaking has been withdrawn as of July 13, 2006.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)
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).