• FinCEN Issues CIP Exception for Customers Subject to Confidentiality Programs
  • January 27, 2010 | Authors: Andres A. Fernandez; Marina Olman
  • Law Firm: Gunster, Yoakley & Stewart, P.A. - Miami Office
  • On January 12, 2010, the Financial Crimes Enforcement Network (“FinCEN”) released a ruling (the “Ruling”) relating to customers who are issued a post office box address as part of their participation in an address confidentiality program (“Confidentiality Program”). Confidentiality Programs provide a substitute address for victims of domestic violence, sexual assault and stalking to help victims keep their physical address confidential.