Tag Archives: reporting

FinCEN Underscores Culture of Compliance at BSA Conference

In remarks at the 2015 Bank Secrecy Act Conference in Las Vegas, Nevada on June 18, the Financial Crimes Enforcement Network's (FinCEN) associate director of enforcement, Stephanie Brooker, focused on three main points: the importance of Bank Secrecy Act (BSA) and Suspicious Activity Report (SAR) filings; FinCEN's enforcement approach; and promoting a strong culture of compliance in the financial industry.

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Fed Proposes Changes to Form FR 2420

The Federal Reserve recently proposed changes to Form FR 2420, a daily report of money market transactions -- including federal funds purchased, certain time deposits and Euro dollar liabilities -- that will used by the Fed to calculate the federal funds rate.

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