Guidance

Guidance is intended to clarify issues or respond to questions of general applicability that arise under FinCEN regulations 31 CFR Chapter X (formerly 31 CFR Part 103). The transfer and reorganization of the BSA regulations from 31 CFR Part 103 to 31 CFR Chapter X has not altered the legal effect of any regulatory obligation nor has it imposed any new regulatory obligations on financial institutions. This includes the legal effect of FinCEN's interim final rule for dealers of precious metals, stones, or jewels, as further clarified by FinCEN Ruling 2006-001.
| Depository Institutions
Definition of Motor Vehicles of Any Kind, Motor Vehicles, Vessels, Aircraft, and Farm Equipment as it Relates to Potential CTR Exemption for a Non-Listed Business

Dear [ ]:

I am responding to your letter, dated October 21, 2010, for an administrative ruling defining motor vehicles, vessels, aircraft, and farm equipment as it relates to exempting the cash transactions of a customer from the requirement to file a currency transaction report ("CTR…

| Casinos
Frequently Asked Questions Casino Recordkeeping, Reporting, and Compliance Program Requirements

This document provides guidance interpreting the requirements of the Bank Secrecy Act ("BSA") regulations1 as they apply to the casino and card club industries in the United States. FinCEN additionally published frequently asked questions for casinos and card clubs as FIN-2007-G005 on…

| Depository Institutions
Guidance on Determining Eligibility for Exemption from Currency Transaction Reporting Requirements

This document revises the guidance originally published on August 31, 2009, to implement the following changes:

  • Relevant citations have been updated to reflect the final rule transferring FinCEN's regulations from 31 CFR § 103 to 31 C.F.R. Chapter X, effective March 1, 2011, and as…
| Casinos, Depository Institutions, Insurance Industry, Money Services Businesses, Precious Metals/Jewelry Industry, Securities and Futures
Filing FinCEN's new Currency Transaction Report and Suspicious Activity Report

Today, the Financial Crimes Enforcement Network (FinCEN) began to accept the new Currency Transaction Report (CTR) and Suspicious Activity Report (SAR) into FinCEN's BSA E-Filing System. Together, these two new reports will replace FinCEN Form 104 (CTR), FinCEN Form 103 (CTR by Casinos), and all…

| Depository Institutions, Money Services Businesses, Securities and Futures
Currency Transaction Report Aggregation for Businesses with Common Ownership

The Financial Crimes Enforcement Network ("FinCEN") is issuing this guidance to clarify, for currency transaction reporting purposes, the aggregation of multiple transactions conducted by businesses with common ownership. Subsequent to a ruling on this issue, 1 FinCEN received…

FinCEN Notice (2012-1) FBAR Filing Requirement – Extended Filing Date Related to Notices 2011-1 and 2011-2
| Depository Institutions, Money Services Businesses
Final Rule – Definitions and Other Regulations Relating to Prepaid Access

The Financial Crimes Enforcement Network (“FinCEN”) is issuing these Frequently Asked Questions (“FAQs”) to assist providers and sellers of prepaid access in understanding the scope of the final rule imposing certain recordkeeping and reporting requirements under the Bank Secrecy Act (the “BSA…

Reports of Foreign Financial Accounts (“FBARs”) Requirements for Former Employees that had Signature or Other Authority over a Foreign Financial Account of a Former Employer

The Financial Crimes Enforcement Network (“FinCEN”) is issuing this guidance in response to questions related to the reporting requirements under 31 C.F.R. § 1010.350, Reports of Foreign Financial Accounts, with respect to a former employee who had signature or other authority over, but no…

FinCEN Notice (2011-2) – FBAR Filing Requirement – Extended Filing Date Relating to Officers or Employees of Investment Advisors Registered With the SEC
FBAR Filing Requirement--Extended Filing Date Related to Exceptions Described in 31 CFR 1010.350(f)(2) - Revised 06/06/11