Name: William HUBBARD Born: 07 February 1810 in: Missouri Married: 26 December 1843 in: St. Louis, St. Louis co, Missouri Died: 01 May 1872 in: St. Louis, St. Louis co, Missouri Spouse: Frances Virginia Drexler.
BSA and Related Regulations. The Bank Secrecy Act (BSA) is the primary U.S. anti-money laundering (AML) law and has been amended to include certain provisions of Title III of the USA PATRIOT Act to detect, deter and disrupt terrorist financing networks. Bank Secrecy Act - 31 USC 5311 - 5330.
The new rule is intended to counter money laundering, corruption, and tax evasion. The legal basis for the rule is the Bank Secrecy Act, which is administered by FinCEN. The bank regulatory agencies along with other financial regulators are charged with ensuring that the financial institutions they regulate comply with the BSA and FinCENâs rules. As bankers know all too well, the bank regulators are very diligent in enforcing these rules. Most interestingly, the Farm Credit Administration, the FCSâs regulator, stated in an email that â[FCS] institutions are not subject to the [BSA].â