Bank Secrecy Act Compliance

• Author(s): Robert E. Powis,
• Publisher: Irwin
• Pages: 326
• ISBN_10: 1557387974
  ISBN_13: 9781557387974
  
• Language: en
• Categories: Business & Economics / Banks & Banking , Business & Economics / Finance / General , Business & Economics / Management , Law / Banking , Law / Civil Procedure ,

Description:... The Bank Secrecy Act consists of a number of record keeping and reporting requirements designed to overcome foreign bank secrecy laws and to deter money laundering. This Fifth Edition, give the indispensable combination of the most current regulatory information possible, a comprehensive reference guide and practical advice on handling one of banking's most complex regulations. It contains all the information needed on the BSA in one convenient volume. From the core regulations of the Act to the latest ruling of the Treasury Department, this book includes full coverage of the changes currently underway in Washington, including: the new Form 4789, complete with all regulations; minimum BSA compliance standards; the death penalty'' for non-complying banks; enhanced wire transfer record-keeping requirements; new cash reporting guidelines; updated information on the $3000 Rule.''