Financial Institutions Outreach Initiative: Report on Outreach to Depository Institutions with Assets under $5 Billion February 2011

The Financial Crimes Enforcement Network (FinCEN) is engaged in a variety of initiatives to ensure that the regulatory component of our mission as administrator of the Bank Secrecy Act (BSA) is carried out in the most efficient and effective manner possible. FinCEN is unique among the Federal banking regulators, as we do not directly examine for compliance and, therefore, do not have the same kind of day-to-day interaction as do other regulators with the financial institutions that fall under our purview. This outreach thus provides additional insights to assist in FinCEN's ongoing work with the financial industry as financial institutions strive to comply with their responsibility to report certain financial information and suspicious activities to FinCEN, as well as aids in carrying out our responsibility to ensure this useful information is made available to law enforcement, as appropriate.

Author: Financial Crimes Enforcement Network

Publisher: Createspace Independent Publishing Platform

Publication Date: Oct 19, 2014

Number of Pages: 86 pages

Binding: Paperback or Softback

ISBN-10: 1502844265

ISBN-13: 9781502844262