Kathryn Keneally from the Department of Justice (DoJ) emphasizes in a conference in Washington that the deadlines of the US Program are to be taken seriously.

Banks that do not deliver in due time run the risk that the Program gets cancelled.

Category 2 banks must have provided required information latest by June 2014, while the window for banks of Categories 3 and 4 opens in July.

See report form the NZZ.