Bank Secrecy Act |
APPENDIX C: BSA/AML REFERENCES
Web Sites
Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
National Credit Union Administration
Office of the Comptroller of the Currency
Office of Thrift Supervision
Financial Crimes Enforcement Network
Office of Foreign Assets Control
Federal Financial Institutions Examination Council
Manuals or Handbooks
Federal Reserve Commercial Bank Examination Manual
Federal Reserve Bank Holding Company Supervision Manual
Federal Reserve Examination Manual for U.S. Branches and Agencies of Foreign Banking Organizations
Federal Reserve Guidelines and Instructions for Examinations of Edge Corporations
FDIC Manual of Examination Policies
NCUA Compliance Self-Assessment Manual
OCC Comptroller’s Handbook — Asset Management
OCC Comptroller’s Handbook — Community Bank Supervision
OCC Comptroller’s Handbook — Compliance
OCC Comptroller’s Handbook — Large Bank Supervision
OCC Money Laundering: A Banker’s Guide to Avoiding Problems
OTS Compliance Activities Handbook
Other Materials
Federal Financial Institutions Examination Council (FFIEC)
The FFIEC’s web site (www.ffiec.gov) includes the following information:
U.S. Government
Interagency U.S. Money Laundering Threat Assessment (MLTA) (December 2005)
The MLTA is a government-wide analysis of money laundering in the United States. The MLTA offers a detailed analysis of money laundering methods, ranging from well-established techniques for integrating dirty money into the financial system to modern innovations that exploit global payment networks as well as the Internet. (www.treas.gov/press/releases/reports/js3077_01112005_MLTA.pdf)
FinCEN
FinCEN’s web site (www.fincen.gov) includes the following information:
- BSA Forms — Links to BSA reporting forms, and instructions for magnetic and electronic filing.
- SAR Activity Reviews — Meaningful information about the preparation, use, and value of Suspicious Activity Reports (SARs) filed by financial institutions.
- BSA Guidance — Frequently Asked Questions, FinCEN rulings, guidance on preparing a complete and accurate SAR narrative, and country advisories.
- Reports — Links to FinCEN Reports to Congress, the U.S. Treasury’s National Money Laundering Strategy, and the U.S. State Department’s International Narcotics Control Strategy Report.
- Federal Register notices.
- Enforcement actions.
Basel Committee on Banking Supervision (BCBS)
The BCBS web site (on the Bank of International Settlements’ web site, www.bis.org) includes the following publications:
- Consolidated Know Your Customer Risk Management
- Initiatives by the BCBS, International Association of Insurance Supervisors (IAIS) and International Organization of Securities Commissions (IOSCO) to Combat Money Laundering and the Financing of Terrorism
- Sharing of Financial Records Between Jurisdictions in Connection with the Fight Against Terrorist Financing
- Customer Due Diligence for Banks
- Prevention of Criminal Use of the Banking System for the Purpose of Money-Laundering
- Banking Secrecy and International Cooperation in Banking Supervision
Financial Action Task Force on Money Laundering (FATF)
FATF’s web site (www.fatf-gafi.org) includes the following publications:
- Forty Recommendations to Combat Money Laundering and Terrorism
- Special Recommendations Against Terrorist Financing
- Interpretive Notes to FATF Recommendations
- Non-Cooperative Countries or Territories
- Typologies on Money Laundering Risk
New York Clearing House Association, LLC (NYCH)
The NYCH’s web site (www.theclearinghouse.org) includes this publication:
- Guidelines for Counter Money Laundering Policies and Procedures in Correspondent Banking
National Automated Clearing House Association — The Electronic Payments Association (NACHA)
NACHA’s web site (www.nacha.org) includes the following:
- “The Next Generation ACH Task Force: Future Vision of the ACH Network” NACHA Operating Rules
The Wolfsberg Group
The Wolfsberg Group’s web site (www.wolfsberg-principles.com) includes the following:
- Wolfsberg AML Principles on Private Banking
- Wolfsberg Statement on the Suppression of the Financing of Terrorism
- Wolfsberg AML Principles for Correspondent Banking
- Wolfsberg Statement on Monitoring, Screening, and Searching
- Wolfsberg Guidance on Risk Based Approach for Managing Money Laundering Risks
- Wolfsberg FAQs on Correspondent Banking
