Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69U - FSC - Financial Institution Regulation
Chapter 69U-100 - FINANCIAL INSTITUTIONS GENERALLY
Section 69U-100.964 - Transactions Relating to Iran or Terrorism
Florida state-chartered financial institutions shall comply
with the federal standards set out by the U.S. Treasury Department, Office of
Foreign Assets Control, in 31 C.F.R. Part 561, Subparts B, C, and D (7-1-2019
Edition), as amended at 84 Fed. Reg. 38545 (Aug. 7, 2019),
http://www.flrules.org/Gateway/reference.asp?No=Ref-12614,
which are adopted and incorporated by reference, as the minimum standards for
due diligence policies, procedures, and controls as required by Section
655.968, F.S. The standards are
also available at the OFR's website,
Rulemaking Authority 655.012(2), 655.968 FS. Law Implemented 655.968 FS.
New 8-6-12, Amended 1-18-21.