On July 26th, the Financial Crimes Enforcement Network withdrew its April 2005 finding under Section 311 of the USA PATRIOT ACT, which determined VEF Banka to be a financial institution of primary money laundering concern. FinCEN also withdrew the final rule against VEF Banka that imposed a special measure that prohibited U.S. financial institutions from directly or indirectly opening or maintaining correspondent accounts in the U.S. for VEF Banka. The withdrawals are effective upon publication in the Federal Register, which is expected during the week of August 1. FinCEN Press Release.