05363nam 2200589 a 450 991097154170332120251116233321.01-61668-043-1(CKB)2560000000102917(EBL)3022227(SSID)ssj0000872900(PQKBManifestationID)12445607(PQKBTitleCode)TC0000872900(PQKBWorkID)10863801(PQKB)10208176(MiAaPQ)EBC3022227(Au-PeEL)EBL3022227(CaPaEBR)ebr10698274(OCoLC)923668227(BIP)18780798(EXLCZ)99256000000010291720080320d2008 uy 0engur|n|---|||||txtccrBank Secrecy Act/anti-money laundering /Lilian B. Klein1st ed.New York Nova Science Publishersc20081 online resource (128 p.)Description based upon print version of record.1-60456-624-8 Includes bibliographical references and index.Intro -- BANK SECRECY ACT/ANTI-MONEY LAUNDERING -- BANK SECRECY ACT/ANTI-MONEY LAUNDERING -- LIBRARY OF CONGRESS CATALOGING-IN-PUBLICATION DATA -- CONTENTS -- PREFACE -- Chapter 1: INTRODUCTION -- BACKGROUND -- Chapter 2: OCC INITIATIVES -- Chapter 3: PENALTIES -- Chapter 4: ASSET FORFEITURE -- Chapter 5: INTERNAL BSA COMPLIANCE PROGRAMS -- Internal Controls -- Independent Testing of Compliance -- Compliance Officer -- Training -- Reporting Requirements -- Record Keeping Requirements -- Chapter 6: EXEMPTIONS FROM THE CTR FILING REQUIREMENTS -- Chapter 7: SUSPICIOUS ACTIVITY REPORTING REQUIREMENTS -- Chapter 8: OPENING AND MAINTAINING ACCOUNTS AND CUSTOMER RELATIONSHIPS -- IDENTIFYING THE CUSTOMER -- Chapter 9: HIGH-RISK AREAS -- HIGH-RISK PRODUCTS AND SERVICES -- International Correspondent Banking Relationships -- Wire (Funds) Transfers -- Pouch Activity -- Payable through Accounts -- International Brokered Deposits -- Special Use Accounts -- Private Banking -- Foreign Branches and Offices of National Banks -- Insider Complicity -- High-Risk Entities -- Businesses -- Banking Functions and Transactions -- High-Risk Countries -- Chapter 10: COMMON MONEY LAUNDERING SCHEMES -- STRUCTURING -- THE BLACK MARKET PESO EXCHANGE -- MEXICAN BANK DRAFTS AND FACTORED THIRD-PARTY CHECKS -- Chapter 11: REPORTING TO TREASURY -- BSA VIOLATIONS AND ENFORCEMENT -- POLICY FOR REFERRING VIOLATIONS TO FINCEN -- OCC POLICY FOR FILING SARS WITH FINCEN -- OCC ADMINISTRATIVE ACTION -- Chapter 12: THE OFFICE OF FOREIGN ASSETS CONTROL -- Chapter 13: EXAMINATION PROCEDURES -- GENERAL PROCEDURES -- Objective -- Chapter 14: QUALITY OF RISK MANAGEMENT -- CONCLUSION: THE QUALITY OF RISK MANAGEMENT IS(STRONG, SATISFACTORY,WEAK) -- Policy -- Processes -- Personnel -- Controls -- Chapter 15: QUANTITY OF RISK -- CONCLUSION: THE QUANTITY OF RISK IS (LOW,MODERATE, HIGH).Reporting, Record Keeping, and Record Retention -- Exemptions -- Sale of Monetary Instruments -- Funds Transfer -- Responsibilities of Originating Banks -- Payable upon Proper Identification (PUPID) -- Nonresident Alien Accounts and the Black Market Peso Exchange -- International Brokered Deposits -- Foreign Correspondent Banking -- "Pouch" Activity -- Mexican Bank Drafts -- Payable through Accounts (PTAs) -- Special Use Accounts -- Private Banking and Trust -- Offshore Branches and Offices -- OFAC -- Lending Function -- Safe Custody/Safe Deposit Boxes -- Chapter 16: CONCLUSIONS -- Appendix A. FINCEN POLICY STATEMENTS AND GUIDELINES -- TWENTY-FIVE DAY EXTENSION FOR MAGNETIC FILING -- MONETARY INSTRUMENTS FOR ACCOUNT HOLDERS -- Appendix B. BANK SECRECY ACT DATABASES -- CURRENCY AND BANKING RETRIEVAL SYSTEM -- The Suspicious Activity Reporting System -- Currency and Banking Query System (CBQS) -- Assistance and Information -- Appendix C. REFERRING BSA VIOLATIONS TO FINCEN -- Content of Referral -- Referral Process -- Sample Cover Letter for Referring Potential BSA Violations to FinCEN -- Appendix D. AVAILABILITY OF OFFICE OF FOREIGN ASSET CONTROL INFORMATION -- Appendix E. BASLE SUPERVISORS' COMMITTEE STATEMENT OF PRINCIPLES ON MONEY LAUNDERING -- STATEMENT OF PRINCIPLES -- Purpose -- Customer Identification -- Compliance with Laws -- Cooperation with Law Enforcement Authorities -- Adherence to the Statement -- REFERENCES -- LAWS -- REGULATIONS -- OCC ISSUANCES -- INDEX.This work looks at how the Currency and Foreign Transactions Reporting Act, also known as the Bank Secrecy Act (BSA), is a tool the US government uses to fight drug trafficking, money laundering, and other crimes.Banks and bankingRecords and correspondenceLaw and legislationUnited StatesMoney launderingUnited StatesPreventionDrug trafficUnited StatesPreventionBanks and bankingRecords and correspondenceLaw and legislationMoney launderingPrevention.Drug trafficPrevention.345.73/0268Klein Lilian B1871145MiAaPQMiAaPQMiAaPQBOOK9910971541703321Bank Secrecy Act4479844UNINA