This provision requires that a financial institution must produce records relating to "any account opened, maintained, administered, or managed in the United States" upon request from an appropriate federal banking agency.
What does FI stand for?
FI stands for Financial Institution
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of FI
We have 17 other meanings of FI in our Acronym Attic
- Field Intensity
- Field Interrogation Card
- Field Interview
- Field Ionization
- Fienden (Norwegian military jargon for Enemy)
- Fighter Interceptor
- Figueira Industries (Portugal)
- Film Industry
- Final Inspection
- Finance Corps (US Army)
Samples in periodicals archive:
Rule on Affiliate Marketing Opt Outs The federal financial institutions supervisory agencies on July 2, 2004, issued proposed regulations that would give consumers the chance to opt out before a financial institution uses information provided by an affiliated company to market its products and services to the consumer.
Many insurers plan to improve their ability to compete through alliances with banks and other financial institutions for distribution of their products, particularly with respect to e-commerce.
Once FinCEN obtains this information, it initiates an analysis of the information and identifies abnormalities by geographic locale or financial institution.
This article identifies the high-risk areas of financial institution audits, describes how such audits should be managed within the framework of generally accepted auditing standards and suggests ways CPAs can effectively manage risk on these engagements.
GFSI) offers a fully featured strategic product suite that provides core data processing, item processing and check imaging, ACH origination and processing, remote check capture and deposit processing, accounts receivable financing solutions, a teller automation system, turn-key leasing solutions, financial institution website design and hosting and retail inventory management services.
Overall, nearly every household that uses any financial institution uses a local financial institution, while only one in five uses a nonlocal institution.
CONFIRMING DEPOSIT AND INVESTMENT INFORMATION OF STATE AND LOCAL GOVERNMENTS Recent changes in the process of coninfirmation with financial institution (see JofA, Mar.