Agencies Release Revised Bank Secrecy Act/Anti-Money Laundering Examination Manual

Bank Secrecy Act (BSA)
Gramm-Leach-Bliley Act (GLBA)
Information Technology Risk Management Program (IT-RMP)Federal Financial Institutions Examination Council (FFIEC)Anti-Money Laundering
Information Security
Risk Management

The Federal Financial Institutions Examination Council (FFIEC) today released the revised Bank Secrecy Act/Anti-Money Laundering (BSA/AML) Examination Manual (manual). The revised manual reflects the ongoing commitment of the federal banking agencies and the Financial Crimes Enforcement Network (FinCEN) to provide current and consistent guidance on risk-based policies, procedures, and processes for banking organizations to comply with the BSA and safeguard operations from money laundering and terrorist financing. The manual has been updated to further clarify supervisory expectations and incorporate regulatory changes since the manual's 2005 release. The revisions also draw upon feedback from the banking industry and examination staff.

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