Bank Secrecy Act — of 1970 ( BSA) More formally known as The Financial Recordkeeping and Reporting of Currency and Foreign Transactions Act of 1970. Designed to aid the federal government in detecting illegal activity through tracking certain monetary transactions … Financial and business terms
Bank Secrecy Act — The Bank Secrecy Act of 1970 (or BSA, or otherwise known as the Currency and Foreign Transactions Reporting Act) requires financial institutions in the United States to assist U.S. government agencies to detect and prevent money laundering.… … Wikipedia
Bank secrecy — (or bank privacy) is a legal principle under which banks are allowed to protect personal information about their customers, through the use of numbered bank accounts or otherwise. Effective bank secrecy is better achieved in certain countries,… … Wikipedia
Bank Secrecy Act - BSA — Government legislation that was created in 1970 to prevent financial institutions from being used as tools by criminals to hide or launder their ill gotten gains. This is achieved by requiring banks and other financial institution to provide… … Investment dictionary
Bank Secrecy Act — Enacted in 1970, this statute authorizes the Secretary of the Treasury to prescribe by regulation certain recordkeeping and reporting requirements for banks and other financial institutions in the United States. The purpose of the Act is to… … Black's law dictionary
Bank Secrecy Act — Enacted in 1970, this statute authorizes the Secretary of the Treasury to prescribe by regulation certain recordkeeping and reporting requirements for banks and other financial institutions in the United States. The purpose of the Act is to… … Black's law dictionary
USA PATRIOT Act, Title III — The USA PATRIOT Act was passed by the United States Congress in 2001 as a response to the September 11, 2001 attacks. It has ten titles, each containing numerous sections. Title III: International Money Laundering Abatement and Financial Anti… … Wikipedia
USA PATRIOT Act — Full title Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 Acronym USA PATRIOT Act, also Patriot Act Enacted by the 107th United States Congress … Wikipedia
USA PATRIOT Act — An acronym for the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, ( USA PATRIOT Act ). The USA PATRIOT Act substantially amends the Bank Secrecy Act of 1970 ( BSA). The… … Financial and business terms
USA PATRIOT Act, Title III, Subtitle B — The USA PATRIOT Act was passed by the United States Congress in 2001 as a response to the September 11, 2001 attacks. It has ten titles, with the third title ( Title III: International Money Laundering Abatement and Financial Anti Terrorism Act… … Wikipedia
