WASHINGTON (2/21/12)--The Financial Crimes Enforcement Network (FinCEN) has selected the Credit Union National Association (CUNA) to continue to fill the Credit Union Industry Trade Group position on the FinCEN Bank Secrecy Act Advisory Group (BSAAG).
CUNA's new term extends through February 2015.
The BSAAG is comprised of representatives from federal regulatory and law enforcement agencies, financial institutions, and trade associations.
CUNA has been a member of BSAAG since 2003 and currently also participates on the parent group and its working subgroups, including the Banking, Law Enforcement, Prepaid Access, and Suspicious Activity Report (SAR) Review subcommittees.
CUNA Regulatory Counsel Dennis Tsang will be the group's BSAAG representative.