Mortgage lenders brokers now subject to anti-money laundering regulations - Lexology registration
Written by Administrator
Wednesday, 08 February 2012 10:51
www.privatelock.net
Mortgage lenders, brokers now subject to anti-money laundering regulations Lexology (registration) Responding to the events of 9/11, Congress, through the USA Patriot Act, greatly expanded AML and SAR requirements for many financial institutions. In 2002, however, FinCEN issued a regulation that temporarily exempted non-bank RMLOs from these ...