It doesn’t stop the money laundering, of course, but that’s not really the goal, is it?
Steve Mnuchin can’t seem to keep these things under wraps.
Just don’t, like, make too much work for the powers that be.
Still, Natalie Mayflower Sours Edwards’ incompetence must make Steve Mnuchin proud.
Starting in May 2018, complying with the Customer Due Diligence (CDD) rule will require a financial institution to change how it collects customer data.