Supervision and Regulation Letters
Guidance on Accepting Accounts from Foreign Embassies, Consulates and Missions (foreign missions)
SUPERVISION AND REGULATION
|SUBJECT:||Guidance on Accepting Accounts from Foreign Embassies, Consulates and Missions (foreign missions)|
Reserve Banks are asked to distribute this SR letter, as appropriate, to state member banks, bank holding companies, Edge and Agreement Act corporations, and U.S. branches, agencies, and representative offices of foreign banking organizations, as well as to their supervisory and examination staff. Questions regarding this letter may be directed to Dawn Adams, Senior Special Anti-Money Laundering Examiner, at (202) 452-3964, or Suzanne Williams, Manager, Compliance Section, at (202) 452-3513.
Patrick M. Parkinson
Division of Banking
Supervision and Regulation
- The Interagency Advisory was issued by the staffs of the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Financial Crimes Enforcement Network (FinCEN), the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision.