Answer:
Why not think big? It's the U. S. Congress.
The requirement is part of the USA PATRIOT Act, and the FDIC will be "big stick" agency that enforces it for state-chartered banks.
First published on BankersOnline.com 5/06/02
AML Policy Requirement
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Question:
What agency requires state banks to have an Anti-Money Laundering Policy in place by April 24, 2002?
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