Money Laundering in Puerto Rico: Hearing Before the Permanent Subcommittee on Investigations of the Committee on Governmental Affairs, United States Senate, Ninety-ninth Congress, First Session, July 25, 1985 |
From inside the book
Results 1-5 of 17
Page 3
... FDIC found 10 of the 11 Puerto Rican banks examined to be in some form of noncompliance with the act . I can give you a number of other illustrations . At this point in the record I will insert that information and also my prepared ...
... FDIC found 10 of the 11 Puerto Rican banks examined to be in some form of noncompliance with the act . I can give you a number of other illustrations . At this point in the record I will insert that information and also my prepared ...
Page 4
... 1- ooooooooooo 0 received from Treasury of apparent violations 0 referred to Director ( of OES ) Number of Cases referred to Treasury 0 0 0 0 ooooooooooo 0 0 0 0 II . Comparison of FHLBB and FDIC Examination Findings as 4.
... 1- ooooooooooo 0 received from Treasury of apparent violations 0 referred to Director ( of OES ) Number of Cases referred to Treasury 0 0 0 0 ooooooooooo 0 0 0 0 II . Comparison of FHLBB and FDIC Examination Findings as 4.
Page 5
... FDIC Examination Findings as regards Bank Secrecy Act violations FHLBB 1980 1981 1982 1983 1984 # of institutions examined 3543 3112 3073 2483 2013 # of institutions 14 11 10 6 0 in violation % found to be in violation .39 .35 .33 .24 0 ...
... FDIC Examination Findings as regards Bank Secrecy Act violations FHLBB 1980 1981 1982 1983 1984 # of institutions examined 3543 3112 3073 2483 2013 # of institutions 14 11 10 6 0 in violation % found to be in violation .39 .35 .33 .24 0 ...
Page 6
... FDIC found 6 of the 7 banks examined in noncompliance . Now this either means that the savings and loans are models of compliance with the Act , or that the Board just is not doing its job . There is little question in our minds that ...
... FDIC found 6 of the 7 banks examined in noncompliance . Now this either means that the savings and loans are models of compliance with the Act , or that the Board just is not doing its job . There is little question in our minds that ...
Page 18
... FDIC coming to us and saying this is what we think is going on , which is another reason I think , again , we would like to have some relief in this Right to Financial Privacy Act because we would like them to be able to give that ...
... FDIC coming to us and saying this is what we think is going on , which is another reason I think , again , we would like to have some relief in this Right to Financial Privacy Act because we would like them to be able to give that ...
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Common terms and phrases
27 July agencies assets Banco de Ponce Banco Financiero Banco Popular bank examiner Bank Secrecy Act bank's banking industry banks in Puerto bearer certificates billion BLAU branch managers Caribbean Federal Savings cash transactions CERRETA certificates of deposit Chairman ROTH commercial banks Committee Compliance Office correct criminal CTR's currency transaction report dealers Director drug employees Examinations and Supervision FDIC Federal Home Loan Federal Reserve Federal Savings Bank financial institutions Home Loan Bank illegal internal audit Internal Revenue Service involved July 25 law enforcement Loan Bank Board lottery Mier Permanent United money laundering MORLEY MUNOZ narcotics NELSON offense Operation Tracer organized crime Penagaricano personnel president problem procedures Puerto Rico record regulations regulatory requirements responsibility Rican RINZEL savings and loan SCHILLING Senate Subcommittee Senator RUDMAN staff statement Subcommittee on Investigations teller Testimony by Mariano tickets tion trafficking Treasury Department United States Senate violations