http://www.identityresolutiondaily.com/166/reverse-money-laundering-when-clean-money-goes-dirty/ Transforming Data into Real-Time Knowledge for Risk Management, Fraud Prevention and Loss Prevention Thu, 04 Dec 2008 02:44:54 +0000 http://wordpress.org/?v=2.2 http://www.identityresolutiondaily.com/166/reverse-money-laundering-when-clean-money-goes-dirty/#comment-552 John Sandman Tue, 26 Feb 2008 04:01:34 +0000 http://www.identityresolutiondaily.com/166/reverse-money-laundering-when-clean-money-goes-dirty/#comment-552 Title III of the USAP has to be amended. Sec 326 (CIP) and Sec 352 (KYC program) have to be amended to banks and broker-dealers are told the identity of the beneficial owner of an account at account opening. Right now, that's not required. Title III of the USAP has to be amended. Sec 326 (CIP) and Sec 352 (KYC program) have to be amended to banks and broker-dealers are told the identity of the beneficial owner of an account at account opening. Right now, that’s not required.

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