Information Sharing Pursuant to Section 314(b) of the USA Patroit Act
March 18, 2002
Circular No. 11427

To All State Member Banks and Bank Holding Companies in the Second Federal Reserve District:

In a Supervisory Letter, the Federal Reserve Board describes a new Treasury Department regulation, effective immediately, concerning the sharing of information about terrorist financing and money laundering among financial institutions. Copies of the Supervisory Letter and the regulation are attached.

Questions on the matter may be directed, at this Bank, to Shari Leventhal, Counsel.