Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
FinCEN BSA rule reorganization effective now
WASHINGTON (3/2/11)--As expected,the Financial Crimes Enforcement Network’s (FinCEN) streamlined reorganization of its Bank Secrecy Act (BSA) rules became effective March 1. As part of the reorganization, FinCEN transferred its BSA regulations into a new Chapter X of Title 31 of the Code of Federal Regulations (CFR). The reorganization split the regulations "into general and industry-specific parts, ensuring that a financial institution can identify its obligations under the BSA in a more organized and understandable manner." However, FinCEN has emphasized that it "has not made any substantive changes to the BSA rules." For more on the reorganization, use the resource link below.
Other Resources

RSS print
News Now LiveWire
NCUA re-schedules start of tomorrow's closed meeting to 9 a.m. ET. Open meeting still at 10 a.m. ET.
6 hours ago
.@lisamurkowski @SenatorEnzi @SenJohnBarrasso are latest to weigh in on NCUA risk-based capital proposal. See #NewsNow tomorrow for more
7 hours ago
Now up on News Now: Fed stays course on taper, interest rates http://t.co/6DntsW58vA
9 hours ago
Positive performance indicators and the potential for rising interest rates in @TheNCUA 's latest economic update. http://t.co/yptPbIGvnU
12 hours ago
The @CFPB has launched a nationwide effort to provide financial education. http://t.co/sF3FXHpv3k
12 hours ago