The Bank Secrecy Act (“BSA”) establishes program, recordkeeping, and reporting requirements for certain financial institutions to combat and detect money laundering, terrorist financing, and ...

In recent years white-collar criminal enforcement has been marked by a string of high-profile prosecutions of banks for violations of the Bank Secrecy Act, the most recent against BNP Paribas. 1 ...

Art collectors — and criminals — can anonymously spend millions on art in the U.S. A newly introduced bill could change that.

The ANPRM summarizes recommendations from the Bank Secrecy Act Advisory Group (“BSAAG”), which created the Anti-Money-Laundering Effectiveness Working Group in June 2019, designed to ...

In light of the Recent enforcement action against Riggs National Bank of Washington, D.C., Congress is strongly questioning why regulators like the Office of the Comptroller Currency and the Financial ...

Bank secrecy act law BSA on the desk. getty A recent article in the New York Times, “ As Money Launderers Buy Dalís, U.S. Looks at Lifting the Veil on Art Sales,” highlights both the use of ...

The Institute for Justice has spent years documenting abuses under the Bank Secrecy Act, many involving small business owners who had their life savings confiscated simply because they regularly ...

The Supreme Court on Tuesday morning added two cases — one involving the Bank Secrecy Act, the other involving the government’s power to dismiss fraud claims — to its 2022-23 docket. In a list of ...

The Bank Secrecy Act, created in 1970 to prevent money laundering in major financial institutions, could be extended to the art and antiquities market. Zachary Small June 25, 2018 ...

Apple Bank for Savings agreed to pay $12.5 million to settle a regulator’s claims that it failed to comply with anti-money-laundering rules. The bank allegedly violated the Bank Secrecy Act, an ...