# Amendment to the Bank Secrecy Act Regulations-Reports of Foreign Financial Accounts
> **FinCEN** · Final rule. · Published 2011-02-24 · Effective 2011-03-28 · 76 FR 10234
## Document
- **Document number:** 2011-4048
- **Category:** aml-bsa-fincen
- **Sub-agency:** FinCEN
- **Federal Register citation:** 76 FR 10234
- **CFR reference:** 31 CFR 1010
- **Publication date:** 2011-02-24
- **Effective date:** 2011-03-28
## Abstract

FinCEN is issuing this final rule to amend the Bank Secrecy Act (BSA) regulations regarding reports of foreign financial accounts. The rule addresses the scope of the persons that are required to file reports of foreign financial accounts. The rule further specifies the types of accounts that are reportable, and provides filing relief in the form of exemptions for certain persons with signature or other authority over foreign financial accounts. Finally, the rule adopts provisions intended to prevent persons subject to the rule from avoiding their reporting requirement.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2011/02/24/2011-4048/amendment-to-the-bank-secrecy-act-regulations-reports-of-foreign-financial-accounts)
---
*AI Analytics · CC0 1.0*