560.1235 Anti-money laundering requirements.—
(1) A licensee and authorized vendor must comply with all state and federal laws and rules relating to the detection and prevention of money laundering, including, as applicable, s. 560.123, and 31 C.F.R. ss. 1010.306, 1010.311, 1010.312, 1010.313, 1010.340, 1010.410, 1010.415, 1022.320, 1022.380, and 1022.410.
(2) A licensee and authorized vendor must maintain an anti-money laundering program in accordance with 31 C.F.R. s. 1022.210. The program must be reviewed and updated as necessary to ensure that the program continues to be effective in detecting and deterring money laundering activities.
(3) A licensee must comply with United States Treasury Interpretive Release 2004-1.
History.—s. 18, ch. 2008-177; s. 3, ch. 2014-81.
Section: Previous 560.114 560.1141 560.115 560.116 560.118 560.121 560.123 560.1235 560.124 560.125 560.126 560.127 560.128 560.129 560.1401 NextLast modified: September 23, 2016