Customer Identification Program - ComplianceAid Website

US Internal Revenue Service extends FATCA deadlines for six months

July 13, 2013Michelle N. MartinNews

On July 12th, 2013 the US Internal Revenue Service (IRS) revised the timeline and other guidance regarding the implementation of the Foreign Account Tax Compliance Act (FATCA) by six months. (Source: IRS Notice 2013-43) For complete information proceed to FATCA extended deadlines

The FATF 40 and 9 Recommendations have been revised to just FATF 40 Recommendations

February 16, 2012Michelle N. MartinNews

On February 15th, 2012, The Financial Action Task Force released the revised 40 Recommendations. According to FATA website, “ the revised FATF Recommendations now fully integrate counter-terrorist financing measures with anti-money laundering controls, introduce new measures to counter the financing of the proliferation of weapons of mass destruction, and they will better address the laundering...

What is the Customer Identification Program (CIP)?

December 20, 2010Michelle N. MartinAML BSA

According to the USA Patriot Act (federal law), all financial institutions must obtain, verify and record information that identifies each person who opens an account. Thus, know the identity of individuals wishing to conduct financial transactions. The Act requires financial institutions to develop a Customer Identification Program appropriate to the size and type of its...

US Internal Revenue Service extends FATCA deadlines for six months

The FATF 40 and 9 Recommendations have been revised to just FATF 40 Recommendations

What is the Customer Identification Program (CIP)?

ComplianceAid BSA AML Services LLC

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US Internal Revenue Service extends FATCA deadlines for six months

The FATF 40 and 9 Recommendations have been revised to just FATF 40 Recommendations

What is the Customer Identification Program (CIP)?

ComplianceAid BSA AML Services LLC

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