Workpapers & Resources

NCUA Regulation

• § 748.1, Filing of reports

• § 748.1(c)(1), Reportable activity. Transaction

• § 748.1(c)(4), Notification to board of directors

• § 748.1(c)(5), Confidentiality of reports

• § 748.2, Procedures for monitoring Bank Secrecy Act (BSA) compliance

• § 748.2(b), Establishment of a BSA compliance program

FFIEC

• FFIEC BSA/AML Examination Manual

FinCEN

Regulations

• § 1010.230, Beneficial ownership requirements for legal entity customers

• § 1010.311, Filing obligations for reports of transactions in currency

• § 1010.313, Aggregation

• § 1010.410, Records to be made and retained by financial institutions

• § 1010.415, Purchases of bank checks and drafts, cashier's checks, money orders and traveler's checks

• § 1010.520, Information sharing between government agencies and financial institutions

• § 1010.540, Voluntary information sharing among financial institutions

• § 1020.210, Anti-money laundering program requirements for banks

• § 1020.220, Customer identification program requirements for banks

• § 1020.315, Transactions of exempt persons

• § 1020.410, Records to be made and retained by banks

Guidance

• FIN-2016-G003, Frequently Asked Questions Regarding Customer Due Diligence Requirements for Financial Institutions

• FIN-2018-G001, Frequently Asked Questions Regarding Customer Due Diligence Requirements for Financial Institutions

• AML/CFT National Priorities

• OFAC Regulation § 501.603, Reports on blocked and unblocked property

• OFAC Regulation § 501.604, Reports on rejected transactions

See Also

Federal Law

• AML Act of 2020

NCUA Resources

• NCUA BSA Resources (public-facing)

• NSPM BSA Supervision

• NCUA BSAWG site

• NCUA Instruction 5000.20, Examination Scope

NCUA Regulation

• Part 748, Security Program, Report of Suspected Crimes, Suspicious Transactions, Catastrophic Acts and Bank Secrecy Act Compliance

NCUA Letters to Credit Unions

• 20-CU-19, Additional Guidance Regarding Servicing Hemp-Related Businesses

• 18-CU-02, Examination Guidance for Bank Secrecy Act Customer Due Diligence and Beneficial Ownership

• 14-CU-10, Identifying and Mitigating Risks of Money Services Businesses

NCUA Risk Alerts

• 19-RA-01, Flood Insurance Alternatives

FinCEN

• FinCEN Advisory, FIN-2020-A008, Supplementary Advisory on Identifying and Reporting Human Trafficking and Related Activity

• FinCEN Guidance FIN-2020-G001, FinCEN Guidance Regarding Due Diligence Requirements under the Bank Secrecy Act for Hemp-Related Business Customers

• FinCEN Guidance, FIN-2014-A008, Guidance on Recognizing Activity that May be Associated with Human Smuggling and Human Trafficking

• FinCEN Guidance FIN-2014-G001, BSA Expectations Regarding Marijuana-Related Businesses

• FinCEN Guidance FIN-2012-G002, Filing FinCEN’s new Currency Transaction Report and Suspicious Activity Report

• FinCEN Ruling 2005-6, Suspicious Activity Reporting (Structuring)

• FinCEN Information on Complying with the CDD Final Rule

• FinCEN CIP Final Rule FAQs

• FinCEN Answers to Frequently Asked Questions Regarding Suspicious Activity Reporting and Other Anti-Money Laundering Considerations

• FinCEN MSB Registrant Search Joint Fact Sheet on Bank Secrecy Act Due Diligence Requirements for Charities and Non-Profit Organizations

Interagency Resources

• Interagency Interpretive Guidance on Providing Banking Service to Money Services Businesses Operating in the United States

• Interagency Statement on Sharing BSA Resources

• Joint Statement on Bank Secrecy Act Due Diligence Requirements for Customers Who May Be Considered Politically Exposed Persons

• Joint Statement on Enforcement of Bank Secrecy Act/Anti-Money Laundering Requirements

• Joint Statement on Innovative Efforts to Combat Money Laundering and Terrorist Financing

• Joint Statement on Risk-Focused BSA/AML Supervision

• Joint Fact Sheet on Bank Secrecy Act Due Diligence Requirements for Charities and Non-Profit Organizations

Last updated on February 02, 2023