Course: Proposed Rule on Profits and Related Basis Adjustments based on this document from the Federal Register: https://www.govinfo.gov/content/pkg/FR-2024-12-02/pdf/2024-27227.pdf This document contains proposed regulations regarding previously taxed earnings and...
Compliance with FinCEN’s Final Rule on Al-Huda Bank
This course provides an in-depth analysis of FinCEN’s final rule on Al-Huda Bank, outlining critical compliance measures for U.S. financial institutions. Learn actionable steps to prevent money laundering and avoid severe non-compliance penalties.
In this course you will learn the following:
* Understand the background and statutory provisions leading to the final rule.
* Identify the specific prohibitions and due diligence requirements imposed on U.S. financial institutions.
* Recognize the implications of non-compliance with the rule.
Additional information
| Federal Register Title | Imposition of Special Measure Regarding Al-Huda Bank as a Financial Institution of Primary Money Laundering Concern. Document Number: 2024-14415 |
|---|---|
| Course SKU | FR-24-899-1 |
| Why This Course Is Important | A comprehensive understanding of crucial compliance measures and the ability to avoid significant penalties for non-compliance with FinCEN's regulations. |