Bank Secrecy Act |
APPENDIX C: BSA/AML REFERENCES
Web Sites
- Board of Governors of the Federal Reserve System — www.federalreserve.gov
- Federal Deposit Insurance Corporation — www.fdic.gov
- National Credit Union Administration — www.ncua.gov
- Office of the Comptroller of the Currency — www.occ.treas.gov
- Office of Thrift Supervision — www.ots.treas.gov
- Financial Crimes Enforcement Network — www.fincen.gov
- Office of Foreign Assets Control — www.treasury.gov/ofac
- Federal Financial Institutions Examination Council — www.ffiec.gov
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
- NCUA Examiner’s Guide
- 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 Examination Handbook
- 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)
Financial Crimes Enforcement Network (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 – Trends, Tips & Issues and By the Numbers — 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
- Trade Based Money Laundering
- New Payment Methods
- The Misuse of Corporate Vehicles, Including Trust and Company Service Providers
- Complex Money Laundering Techniques — Regional Perspectives Report
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 Statement on Payment Message Standards
- 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
