Foreign financial institutions use PTAs, also known as "pass-through" or "pass-by" accounts, to provide their customers with access to the U.S. banking system.

19 нояб. 2021 г. · Accounts used for pass-through activities (e.g. to receive and subsequently send funds to beneficiaries). Use of multiple foreign bank accounts ...

21 апр. 2011 г. · This activity may be a version of what is referred to as inter-state cash, pass-through activity, or funnel account activity. Funnel account ...

Also known as “pass-through” or “pass-by” accounts. Payable Upon Proper Identification (PUPID). Funds transfers for which there is no specific account to ...

The aim of the money launderer is to introduce as many layers as possible. This means that the money will pass through a number of sources and through a number ...

Pass-Through Sanctions Risk. The incorrect assumption that the sanctions risks associated with a customer's affiliates or subsidiaries is simply a problem ...

Pass-through transactions create additional layers in attempts to mask the proceeds from illicit activities. Transactions that pass through Legal Persons with ...

22 окт. 2024 г. · RIAs and ERAs are now required to implement an Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) program.

MAS examiners recommended Bank M to provide more specific guidance to its TM staff on identifying pass- through transactions and understanding their associated ...

Google Cloud's Anti Money Laundering AI (AML AI) product is an API that scores AML risk. Use it to identify more risk, more defensibly, with fewer false ...