The Financial Crimes Enforcement Network (FinCEN) today announced the availability of two related documents that are part of the Customer Due Diligence Requirements for Financial Institutions Proposed Rulemaking: A Regulatory Impact Assessment (RIA) and an Initial Regulatory Flexibility Analysis (IRFA).
- Notice of Availability: https://www.fincen.gov/sites/default/files/shared/2015-32378.pdf
- Regulatory Impact Assessment: https://www.fincen.gov/sites/default/files/shared/CDD_RIA.pdf
- Initial Regulatory Flexibility Analysis: https://www.fincen.gov/sites/default/files/shared/CDD_IRFA.pdf
- Comments Received: To view the comments received go to www.regulations.gov and search on Docket number “Fincen-2014-0001”