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gptkbp:instanceOf
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gptkb:United_States_federal_law
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gptkbp:administeredBy
|
gptkb:U.S._Department_of_the_Treasury
gptkb:Financial_Crimes_Enforcement_Network
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gptkbp:alsoKnownAs
|
gptkb:Currency_and_Foreign_Transactions_Reporting_Act
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gptkbp:amendedBy
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gptkb:USA_PATRIOT_Act
gptkb:Anti-Money_Laundering_Act_of_2020
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gptkbp:appliesTo
|
broker-dealers
casinos
banks
credit unions
money services businesses
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gptkbp:codifiedIn
|
31 U.S.C. § 5311 et seq.
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gptkbp:dateEnacted
|
1970
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gptkbp:enactedBy
|
gptkb:United_States_Congress
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Bank Secrecy Act (BSA)
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gptkbp:influenced
|
global anti-money laundering standards
|
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gptkbp:penalty
|
criminal penalties
civil penalties
|
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gptkbp:purpose
|
combat money laundering
detect and prevent financial crimes
|
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gptkbp:relatedTo
|
gptkb:Financial_Action_Task_Force_(FATF)
gptkb:Know_Your_Customer_(KYC)_regulations
gptkb:Customer_Identification_Program_(CIP)
gptkb:Office_of_Foreign_Assets_Control_(OFAC)
|
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gptkbp:reportsTo
|
gptkb:Currency_Transaction_Report_(CTR)
gptkb:Suspicious_Activity_Report_(SAR)
|
|
gptkbp:requires
|
reporting of suspicious activities
financial institutions to file reports
financial institutions to keep records
reporting of cash transactions over $10,000
|
|
gptkbp:website
|
https://www.fincen.gov/resources/statutes-regulations/bank-secrecy-act
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gptkbp:bfsParent
|
gptkb:Currency_Transaction_Reports_(CTRs)
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gptkbp:bfsLayer
|
6
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