BANK SECRECY ACT EXAMINATION PROCEDURES: New Examination Procedures for Assessing Anti-Money Laundering Programs and Bank Secrecy Act Compliance

Details

• Publisher's site:
  https://www.fdic.gov/
• Corporate Authors:
  Federal Deposit Insurance Corporation (FDIC)
• Description:
  The Federal Deposit Insurance Corporation has revised its examination procedures to include reviewing compliance with new sections of the Bank Secrecy Act required by the USA PATRIOT Act of 2001.
• Subject:
  BSA/AML, OFAC and Fraud
• Dataset Download URL:
  https://www.fdic.gov/news/inactive-financial-institution-letters/2003/fil0379.html
• Format:
  PDF
• Release Date:
  10/17/2003
• Update Date:
  08/15/2004
• Withdrawn Date:
  Not Available
• Agencies Involved:
  Federal Deposit Insurance Corporation (FDIC) ; U.S. Department of the Treasury ; Board of Governors of the Federal Reserve System (The Fed) ; Office of the Comptroller of the Currency (OCC) ; Office of Thrift Supervision (OTS) ; National Credit Union Administration (NCUA)
• Fdic Employee Involved:
  Michael J. Zamorski
• Law Involved:
  USA PATRIOT Act (Public L. No. 107-560) ; Bank Secrecy Act (31 USC 5311 et. seq.)
• Other Institutions Involved:
  National Credit Union Administration
• Related Regulation:
  Financial Recordkeeping and Reporting of Currency and Foreign Transaction Rules (31 CFR Part 103) ; FDIC's Rules and Regulations, Part 326, Subpart B
• Source:
  FDIC Website
• Memorandum To:
  FDIC-Supervised Banks (Commercial and Savings)
• FIL Number:
  FIL-79-2003
• Main Document Checksum:
  urn:sha256:8d2e9ba59eeb2c6ea69c1512c1411e93b7e0f720493d184bdfe2ac57dab4bb4f
• Download URL:
  https://archive.fdic.gov/view/fdic/8561/fdic_8561_DS1.pdf
• File Type:
  [PDF - 706.50 KB ]