P-C Unaffected By Latest Patriot Act Rules
NU Online News Service, May 2, 4:01 p.m. EDT? The latest round of rules to implement the U.S.A. Patriot Act anti-terrorism legislation will not affect the property-casualty insurance industry, a national trade group said.
This week, the U.S. Treasury department issued final regulations implementing section 326 of the act, which requires financial institutions to install procedures to identify and verify customers who open new accounts.
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