Permanent Subcommittee on Investigations

The Role of U.S. Correspondent Banking In International Money Laundering – Part II

Date: March 2, 2001
Time: 9:30am
Location: 342 Dirksen Senate Office Building

The upcoming hearings will focus on correspondent banking as a vehicle for money laundering; the role of offshore banks in international money laundering; and the efforts of financial entities, federal regulators, and law enforcement to limit money laundering activities within the United States.  

        Witnesses will include officials of Bank of America, J.P. Morgan Chase, and Citibank; a former chief executive of an offshore bank; experts in money laundering practices; and federal government officials.

Member Statements




(D -