MONEY LAUNDERING - Stakeholders View Recordkeeping Requirements for Cashier’s Checks As Sufficient

http://www.gao.gov/assets/230/221464.pdf

recordkeeping for cashier check
1.  retention 5 years


emphasis
were placed on (1) developing effective know-your-customer programs
and (2) reporting suspicious financial transactions to the appropriate
regulatory agencies.



Current Recordkeeping
and Reporting
Requirements Viewed As
Sufficient

no log book required

July 1995
MONEY
LAUNDERING
Stakeholders View
Recordkeeping
Requirements for
Cashier’s Checks As
Sufficient