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#1109347 - 01/12/09 07:36 PM Transaction monitoring
Tocomply Offline
Platinum Poster
Joined: Nov 2004
Posts: 650
I know I read this somewhere but I just can't find it. My question is where in the regulation does it states that a bank is responsible to take actions to find suspicious activity?

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#1109352 - 01/12/09 07:38 PM Re: Transaction monitoring Tocomply
BrendaC Offline
Power Poster
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
Sec. 103.18 Reports by banks of suspicious transactions.

The best guidance is found in the online FFIEC BSA exam manual.
Life without Jesus is like an unsharpened pencil - it has no point.

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