Bank Secrecy Act (BSA) Policy - Comprehensive Version - $375.00


The purpose of this Bank Secrecy Act Policy Template - Comprehensive Version is to address measures used by a bank, credit union, or other type of financial institution to comply with the requirements of the Bank Secrecy Act (BSA), including Anti-Money Laundering (AML), Customer Identification Program (CIP), and Office of Foreign Assets Control (OFAC) requirements.

Table of Contents

Purpose and Contents - Topic 1
Policy Statement - Topic 2
Structure of Accountability - Topic 3
Compliance Program and Structure - Topic 4
Definitions - Topic 5
Risk Management and Assessment - Topic 6
Customer Identification Program Policy - Topic 7
Suspicious Activity Reporting - Topic 8
Currency Transaction Reporting - Topic 9
Currency Transaction Reporting Exemptions - Topic 10
Information Sharing - Topic 11
Monetary Instruments - Topic 12
Funds Transfers and Recordkeeping Requirements - Topic 13
Anti-Money Laundering Policy - Topic 14
Private Banking - Topic 15
Special Measures - Topic 16
Foreign Bank and Financial Accounts Reporting - Topic 17
International Transportation of Currency or Monetary Instruments - Topic 18
OFAC Policy - Topic 19
Other Products and Services - Topic 20
Other Persons and Entities - Topic 21
Know Your Customer Policy - Topic 22
Audit Policy - Topic 23
Staff Training - Topic 24
Penalties - Topic 25
Retention of Documentation - Topic 26

Includes the following form templates:
BSA Certification for Beneficial Owners Form (2 pages)
BSA Checklist for Funds Transfers (1 page)
BSA Checklist for High Risk Accounts (1 page)
BSA CIP New Customer Information Sheet (1 page)
BSA Exemption Form (1 page)
BSA Monetary Instrument Log Form Template (2 pages)
BSA Money Services Business Checklist (2 pages)
BSA Money Services Business Questionnaire (4 pages)
BSA SAR Incident Report - 2 pages

Recent updates to this product:
09/04/18 Update
Extension of Limited Exception from Beneficial Ownership Requirements for Legal Entity Customers of Certain Financial Products and Services with Rollovers and Renewals - FIN-2018-R003
07/02/18 Update
Advisory on Human Rights Abuses Enabled by Corrupt Senior Foreign Political Figures and their Financial Facilitators - FIN-2018-A003
06/04/18 Update
FFIEC Issues New Customer Due Diligence and Beneficial Ownership Examination Procedures
FIN-2018-R001 - Premium Cash Finance Refunds and Beneficial Ownership Requirements for Legal Entity Customers
FIN-2018-R002 – Beneficial Ownership Requirements for Legal Entity Customers of Certain Products and Services with Automatic Rollovers or Renewals
01/02/18 Update
Report of Foreign Bank and Financial Accounts (FBAR) filings - FinCEN Notice 2017-1
12/04/17 Update
Advisory to Financial Institutions Regarding Disaster-Related Fraud - FIN-2017-A007
Advisory on North Korea’s Use of the International Financial System - FIN-2017-A008
10/02/17 Update
FinCEN - Technical Corrections to Customer Due Diligence Final Rule
09/05/17 Update
Advisory to Financial Institutions, Real Estate Firms and Professionals - FIN-2017-A003
03/27/17 Update
FinCEN - Inflation Adjustment of Civil Monetary Penalties
02/01/17 Update
FinCEN - FBAR Filing Requirement for Certain Financial Professionals
12/05/16 Update
FinCEN - Technical Amendments to Various Bank Secrecy Act Regulations
06/06/16 Update
FinCEN - Customer Due Diligence Requirements for Financial Institutions (Beneficial Ownership Rule)
04/04/16 Update
Joint Release - Interagency Guidance to Issuing Banks on Applying Customer Identification Program Requirements to Holders of Prepaid Cards
01/04/16 Update
FinCEN - FBAR Filing Requirement – Extended Filing Date Related to Notice 2014-14

This Bank Secrecy Act Policy Template - Comprehensive Version (approximately 254 pages) is available to purchase from in Microsoft® Word format for $375.00.

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