§ 1020.600 General
§ 1020.610 Due diligence programs for correspondent accounts for foreign financial institutions
§ 1020.620 Due diligence programs for private banking accounts
§ 1020.630 Prohibition on correspondent accounts for foreign shell banks; records concerning owners of foreign banks and agents for service of legal process
§ 1020.670 Summons or subpoena of foreign bank records; termination of correspondent relationship

Terms Used In CFR > Title 31 > Subtitle B > Chapter X > Part 1020 > Subpart F - Special Standards of Diligence; Prohibitions; and Special Measures

  • Amortization: Paying off a loan by regular installments.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.