dancerjodi (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
dancerjodi) wrote2002-04-25 08:17 am
dancerjodi) wrote2002-04-25 08:17 am
From work
The USA Patriot Act is a law that was enacted in October 2001 in response to the terrorist attacks of September 11th. This act is designed to deter and punish terrorist acts in the US and abroad by enhancing law enforcement investigative tools and preventing and detecting money laundering activities. Portions of the law, which apply to insurance companies, go into effect today.
Although written guidance from the Department has not yet been written, we do know that the Department of Treasury expects health plans to educate employees about the USA Patriot Act and report any transactions that represent potential money laundering activities. Thus, I would like you to report any questionable or out of the ordinary financial activities that come to your attention to *name*, Assistant Treasurer, who will investigate the activity and determine whether it should be reported to the Department of Treasury.
Thank you for your assistance.
Although written guidance from the Department has not yet been written, we do know that the Department of Treasury expects health plans to educate employees about the USA Patriot Act and report any transactions that represent potential money laundering activities. Thus, I would like you to report any questionable or out of the ordinary financial activities that come to your attention to *name*, Assistant Treasurer, who will investigate the activity and determine whether it should be reported to the Department of Treasury.
Thank you for your assistance.