Anti-Money Laundering (AML) and Sanctions Compliance
State Street Corporation has implemented a Global Anti-Money Laundering (AML) and Sanctions Compliance Program, which covers all of its subsidiaries and affiliates (collectively “State Street”), and is reasonably designed to support State Street’s compliance with applicable laws and regulations.
This information can also be utilized to satisfy your due diligence (Know Your Customer- KYC) related to State Street as a counter-party or a customer.
Important Information on Customer Identification Program Requirements
To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law requires financial institutions to obtain, verify and record information that identifies all parties defined as a "customer" as well as, in certain cases, individuals or entities who are beneficial owners and/or have control over an account.
Should you or your institution require general information about State Street’s Global AML and Sanctions Compliance Program, please refer to the following:
USA PATRIOT Act Certification
In order to comply with USA PATRIOT Act requirements, State Street Bank and Trust Company, on behalf of all of its non-US branches and non-US affiliated banks, has prepared a Global Certification for use by US financial institutions that deem they require a PATRIOT Act Certification from State Street Bank and Trust's non-US branches or non-US subsidiaries.
Please click here to obtain State Street's Global USA PATRIOT Act Certification.
Please click here to obtain State Street’s Foreign Bank Branch Listing Addendum.
State Street has completed the Wolfsberg Questionnaire which provides an overview of our anti-money laundering policies and practices. Many financial institutions complete the Wolfsberg Questionnaire to provide customers and shareholders an overview of a financial institution’s anti-money laundering program. The Wolfsberg Group is an association of over a dozen global banks that work to develop frameworks and guidance for the management of financial crime risks.
Global AML and Sanctions Compliance Program Letter
The Global AML and Sanctions Compliance Program Letter (the “Attestation Letter”) highlights State Street Corporation’s anti-money laundering and sanctions efforts and is signed by the Global Chief Anti-Money Laundering Officer. This Attestation Letter provides an overview of State Street’s Global AML and Sanctions Compliance Program and how State Street makes every effort to comply with applicable laws and regulations.
State Street AML & Sanctions Due Diligence Questionnaire
The State Street AML & Sanctions Due Diligence Questionnaire provides an overview of State Street’s global anti-money laundering policies and procedures.