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(Superseded by subsequent changes to 31 CFR 103.22) (Formerly known as 88-4)
(Superseded by subsequent changes to 31 U.S.C. 5318) (Formerly known as 88-1)
FIN-1988-R002 (Formerly 88-2)

Ruling

This ruling, formerly known as 88-2, was posted to the website on May 18, 2010; it was previously published via the Federal Register. Please note that references in this ruling to CTR form numbers are outdated.

 

Facts

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Amendments to the Bank Secrecy Act Regulations Regarding Reporting and Recordkeeping by Card Clubs
Currency Transaction Report (CTR) FinCEN form 104
Unauthorized Disclosure of Suspicious Activity Reports

The Financial Crimes Enforcement Network has an obligation to ensure that data collected under the Bank Secrecy Act are properly collected, securely maintained and appropriately disseminated. Following the unauthorized and unlawful disclosures of certain Suspicious Activity Reports to the press…

Customer Due Diligence Requirements for Financial Institutions
FinCEN Notice 2011-3 Administrative Relief for Sellers and Providers of Prepaid Access

FinCEN is issuing this Notice to provide administrative relief to sellers and providers of prepaid access that would otherwise be subject to certain Bank Secrecy Act ("BSA") requirements imposed by a final rule published on July 29, 2011 (the "Final Rule").1 As a result of this…

Anti-Money Laundering Programs and Records in English
Question:

My money services business understands that Bank Secrecy Act regulations (31 C.F.R. Part 103) require, among other things, implementing a written anti-money laundering program and maintaining records of certain transactions. Because of the nature of my business, I would prefer to…

Anti-Money Laundering Requirements -- Correspondent Accounts for Foreign Shell Banks; Recordkeeping and Termination of Correspondent Accounts for Foreign Banks