EDMC-FIBO/BE 1.1 RTF Avatar
  1. OMG Issue

FIBOBE11 — Definition of tribal government entities is needed to support anit-money laundering (AML) requirements

Open Closed All
  • Key: FIBOBE11-7
  • Status: closed  
  • Source: Thematix Partners LLC ( Mrs. Elisa F. Kendall)
  • Summary:

    Currently, BE 1.0 does not provide the ability to represent tribal governments or their jurisdictions. This information is needed to help ensure compliance with applicable laws relating to bribery or corruption, including the U.S. Foreign Corrupt Practices Act (FCPA), the UK Bribery Act 2010 (UKBA), the U.S. Bank Bribery Act (Bribery Act), and other anti-bribery, anti-money laundering (AML) and corruption laws in the jurisdictions where the financial institution does business.
  • Reported: EDMC-FIBO/BE 1.0 — Fri, 8 Apr 2016 17:53 GMT
  • Disposition: Resolved — EDMC-FIBO/BE 1.1
  • Disposition Summary:

    Definition of tribal government entities is needed to support anit-money laundering (AML) requirements

    Currently, BE 1.0 does not provide the ability to represent tribal governments or their jurisdictions. This information is needed to help ensure compliance with applicable laws relating to bribery or corruption, including the U.S. Foreign Corrupt Practices Act (FCPA), the UK Bribery Act 2010 (UKBA), the U.S. Bank Bribery Act (Bribery Act), and other anti-bribery, anti-money laundering (AML) and corruption laws in the jurisdictions where the financial institution does business.
  • Updated: Thu, 6 Apr 2017 13:52 GMT