|
|
FOR IMMEDIATE RELEASE
|
Contact: Robert M. Garsson |
June 02, 2004
|
(202) 874-5770
|
|
|
WASHINGTON
Daniel P. Stipano, Deputy Chief Counsel for the Office of the Comptroller of
the Currency, testified today before the House Financial Services Subcommittee
on Oversight and Investigations on the challenges that the OCC and other
financial regulatory agencies face in combating money laundering.
His oral and written statements are available on the news
release page of the OCCs web site at: http://www.occ.treas.gov/04RELLST.HTM.
# # #
|
The OCC charters, regulates and examines approximately
2,000 national banks and 51 federal branches of foreign banks in the U.S.,
accounting for more than 56 percent of the nations banking assets. Its
mission is to ensure a safe and sound and competitive national banking system
that supports the citizens, communities and economy of the United States.
|
|
|