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Bank Secrecy Act
Anti-Money Laundering
Examination Manual

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As defined in the BSA 31 USC 5312(a)(2), the term “financial institution” includes the following:

  • An insured bank (as defined in section 3(h) of the FDI Act (12 USC 1813(h))).
  • A commercial bank or trust company.
  • A private banker.
  • An agency or branch of a foreign bank in the United States.
  • Any credit union.
  • A thrift institution.
  • A broker or dealer registered with the Securities and Exchange Commission under the Securities Exchange Act of 1934 (15 USC 78a et seq.).
  • A broker or dealer in securities or commodities.
  • An investment banker or investment company.
  • A currency exchange.
  • An issuer, redeemer, or cashier of traveler’s checks, checks, money orders, or similar instruments.
  • An operator of a credit card system.
  • An insurance company.
  • A dealer in precious metals, stones, or jewels.
  • A pawnbroker.
  • A loan or finance company.
  • A travel agency.
  • A licensed sender of money or any other person who engages as a business in the transmission of funds, including any person who engages as a business in an informal money transfer system or any network of people who engage as a business in facilitating the transfer of money domestically or internationally outside of the conventional financial institutions system.
  • A telegraph company.
  • A business engaged in vehicle sales, including automobile, airplane, and boat sales.
  • Persons involved in real estate closings and settlements.
  • The United States Postal Service.
  • An agency of the United States government or of a state or local government carrying out a duty or power of a business described in this paragraph.
  • A casino, gambling casino, or gaming establishment with an annual gaming revenue of more than $1,000,000 that —
    • Is licensed as a casino, gambling casino, or gaming establishment under the laws of any state or any political subdivision of any state; or
    • Is an Indian gaming operation conducted under or pursuant to the Indian Gaming Regulatory Act other than an operation that is limited to class I gaming (as defined in section 4 (6) of such act).
  • Any business or agency which engages in any activity which the Secretary of the Treasury determines, by regulation, to be an activity that is similar to, related to, or a substitute for any activity in which any business described in this paragraph is authorized to engage.
  • Any other business designated by the Secretary whose cash transactions have a high degree of usefulness in criminal, tax, or regulatory matters.
  • Any futures commission merchant, commodity trading advisor, or commodity pool operator registered, or required to register, under the Commodity Exchange Act (7 USC 1, et seq.).

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