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...
FinCEN’s Withdrawal of Special Measure Against ABLV Bank
Join us to learn about the Financial Crimes Enforcement Network’s (FinCEN) decision to withdraw the special measure against ABLV Bank AS. Discover how Latvia’s comprehensive AML/CFT reforms influenced this pivotal regulatory shift and what it means for financial institutions globally.
In this course you will learn the following:
* Understand the purpose and intent behind the initial finding and subsequent withdrawal.
* Recognize the role of public participation and feedback in shaping regulatory decisions.
* Identify the key changes and reforms in Latvia’s AML/CFT regime that influenced FinCEN’s decision.
Additional information
| Federal Register Title | Proposal of Special Measure Against ABLV Bank, AS as a Financial Institution of Primary Money Laundering Concern; Withdrawal. Document Number: 2024-22299 |
|---|---|
| Course SKU | FR-24-986-1 |
| Why This Course Is Important | A thorough understanding of how international regulatory decisions can impact financial institutions and the importance of compliance with AML/CFT standards. |