Flutterby™! :

Gulp, /. points to this gem from the Federal Deposit Insurance Corporation. Be afraid, be very very afraid:

The FDIC is proposing to issue a regulation requiring insured nonmember banks to develop and maintain ``Know Your Customer'' programs. As proposed, the regulation would require each nonmember bank to develop a program designed to determine the identity of its customers; determine its customers' sources of funds; determine the normal and expected transactions of its customers; monitor account activity for transactions that are inconsistent with those normal and expected transactions; and report any transactions of its customers that are determined to be suspicious, in accordance with the FDIC's existing suspicious activity reporting regulation.