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OperationsSuspicious Activity Reports and Other Reports and Statements

aml-bsa-fincen · FinCEN · Rule · Published 1996-02-16 · Effective 1996-04-01 · 61 FR 6100

Document

Document number
96-3110
Federal Register citation
61 FR 6100
CFR reference
12 CFR 563
Type
Rule
Action
Final rule.
Category
aml-bsa-fincen
Sub-agency
FinCEN
Publication date
1996-02-16
Effective date
1996-04-01
Treasury docket
No. 96-6

Abstract

The Office of Thrift Supervision (OTS) is amending its regulations that require savings associations and service corporations to file criminal referral and suspicious transaction reports. This final rule streamlines reporting requirements by providing that savings associations and service corporations file a new Suspicious Activity Report (SAR) with the OTS and the appropriate federal law enforcement agencies by sending SARs to the Financial Crimes Enforcement Network of the Department of the Treasury (FinCEN) to report a known or suspected criminal offense or a transaction that an institution suspects involves money laundering or violates the Bank Secrecy Act (BSA).

Source

Authoritative
Federal Register document
Machine
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