JSC CredexBank

"This document withdraws FinCEN’s proposed rulemaking to impose the first and fifth special measure regarding JSC CredexBank (“Credex”), renamed JSC InterPayBank (“InterPay”), as a financial institution of primary money laundering concern, pursuant to Section 311 of the USA PATRIOT Act (“Section 311”)."; "the Belarusian central bank and monetary authority with control over bank supervision and regulation, revoked the banking license of InterPay, the successor of Credex, and delisted InterPay from the list of banks published by the NBRB."; "In late January 2016, InterPay was also listed by the NBRB as being in the process of bankruptcy and liquidation."

"This document withdraws FinCEN's finding that JSC CredexBank (“Credex”), renamed JSC InterPayBank (“InterPay”), is a financial institution of primary money laundering concern, pursuant to Section 311 of the USA PATRIOT Act (“Section 311”)."; "On May 8, 2015, the National Bank of the Republic of Belarus (“NBRB”), the Belarusian central bank and monetary authority with control over bank supervision and regulation, revoked the banking license of InterPay, the successor of Credex, and delisted InterPay from the list of banks published by the NBRB."; "In late January 2016, InterPay was also listed by the NBRB as being in the process of bankruptcy and liquidation."

"Credex is a depository institution that is located and licensed in the Republic of Belarus and primarily services corporate entities."; "the bank changed its name to Northern Investment Bank on April 5, 2006, and then to the current name of Credex on February 12, 2007."; "Credex has six domestic branches and one representative office in the Czech Republic."

"JSC CredexBank (“Credex”) is a depository institution located and licensed in the Republic of Belarus that primarily services corporate entities."; "Originally established on September 27, 2001, as Nordic Investment Bank Corporation by Ximex Executive Limited (“Ximex”),"; "the bank changed its name to Northern Investment Bank on April 5, 2006, and then to the current name of JSC CredexBank on February 12, 2007."