Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Jan. 27 is BSAAG nomination deadline
WASHINGTON (1/22/14)--Nominations for membership on the Financial Crimes Enforcement Network's (FinCEN) Bank Secrecy Act Advisory Group (BSAAG) must be received by FinCEN by Jan. 27, the Credit Union National Association reminds interested credit unions.
 
BSAAG membership is open to credit unions, and all financial institutions, and trade groups. New members will be selected for three-year terms.

CUNA is currently a member with a term that extends into early 2015. Houston FCU, Sugar Land, Texas, was selected last year as a BSAAG member.

"We encourage credit unions with extensive BSA and anti-money laundering experience to apply if they have the resources to be able to participate in meetings, calls, and working groups," said Deputy General Counsel Mary Dunn in CUNA's reminder.
 
BSAAG, which ultimately makes BSA policy recommendations to the U.S. Treasury Secretary, is chaired by the FinCEN director. It was created by the 1992 Annunzio-Wylie Anti-Money Laundering Act.
 
Applications may be mailed to Liaison Division, Financial Crimes Enforcement Network, P.O. Box 39, Vienna, VA 22183 or e-mailed to BSAAG@fincen.gov.


RSS print
News Now LiveWire
Stay tuned for coverage of @CUNA's BSA conference which starts Sunday. #CUNABSA #CUNACompliance
19 hours ago
Today's the last day to complete @CUNA's Home Depot data breach survey http://t.co/UcB8G9bVXe #StoptheDataBreaches
20 hours ago
Brenda Davis of Cross Roads Ministries will walk through 83 communities during the Ending Hunger Walking tour. (2 of 2)
21 hours ago
The Ending Hunger Walking tour, coordinated by the Maine CU League, kicked off at Old Maine CU in Augusta today. (1 of 2)
21 hours ago
Darwin Brokke of Citizens Community CU represented the #CU Association of Dakotas at a housing summit hosted by @SenatorHeitkamp
21 hours ago