Comments due on FinCEN SAR revisions proposal
FinCEN has published at 82 FR 9109 in the Federal Register a notice and request for comments on a proposed update and revisions to the collection of information filings by financial institutions required to file such reports under the Bank Secrecy Act (“BSA”). This notice does not propose any new regulatory requirements or changes to the requirements related to suspicious activity reporting. The data fields reflect the filing requirement for all filers of SARs under the BSA. Most of the proposed changes would alter the "checklist" of violations in Part II of the filings, including the addition of several fields related to cyber events. Comments are due by April 3, 2017.
presented by Rayleen Pirnie
presented by Andy Zavoina
presented by Deborah Crawford
Recognizing Money Laundering and Suspicious Activity
Annual training on robbery response
Recognizing and Avoiding Fraud Before it Occurs
Learn about our FREE and Premium Newsletters and Briefings.Subscribe NOW!