Which aspect of the USA PATRIOT Act impacts foreign financial institutions?

Which aspect of the USA PATRIOT Act impacts foreign financial institutions?
A . Requiring enhanced due diligence for foreign shell banks
B. Expanding sanctions requirements to a U.S. financial institution’s foreign branches
C. Expanding the anti-money laundering program requirements to all foreign financial institutions
D. Providing authority to impose special measures on institutions that are of primary money-laundering concern

View Answer

Answer: D

Explanation:

Reference: https://www.imf.org/external/np/leg/sem/2002/cdmfl/eng/tompki.pdf (8)