Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
FinCEN sets BSA SAR webinars
WASHINGTON (9/12/12)--Bank Secrecy Act (BSA), Currency Transaction Report (CTR), Designation of Exempt Person (DOEP) and Suspicious Activity Report (SAR) filing tips will be discussed at a pair of upcoming Financial Crimes Enforcement Network (FinCEN) webinars.

The first FinCEN webinar is scheduled to begin at 1 p.m. ET on Sept. 18 and will address BSA and SAR filing. FinCEN staff will also review frequently asked questions about the new SAR forms during the webinar.

The second FinCEN webinar, which is scheduled to begin at 1 p.m. ET on Oct. 2, will also address the BSA E-filing process. CTR and DOEP filing will also be discussed during the webinar.

FinCEN in 2011 approved a series of technical SAR and CTR changes. The form changes were made to ease the transition from the current paper SAR form submission model to a newer electronic filing model, and the changes will take effect on March 31, 2013. FinCEN has said the switch to all-electronic filing would improve efficiency, reduce costs for the financial industry, and enhance the ability of investigators, analysts, and examiners to gain better and more timely access to important financial information.

For more on the webinars, use the resource link.
Other Resources

RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
13 hours ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
12 23 ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
12 23 ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
12 23 ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
12 23 ago