<h1>Suspension for suspected facilitation of money laundering required; public banks must investigate implicated officers and report promptly.</h1> Institutions must suspend any officer or agent who appears to advise customers in ways that could facilitate money laundering or defeat KYC and due diligence norms, initiate and complete expeditious inquiries and special audits as necessary, divest duties and place on leave those whose conduct risks institutional disrepute, and submit a detailed report naming the employee, designation, and action taken.