VIENNA, Va. (5/2/12)--Information technology (IT) professionals--those responsible for integrating upcoming technical specifications for updates to the Financial Crimes Enforcement Network's (FinCEN) new Currency Transaction Report (CTR) and Suspicious Activity Report (SAR)--may be interested in a May 8 informational webinar.
The FinCEN webinar will also address recently released specifications for its new Designation of Exempt Person (DOEP) report. The session is specifically designed for those IT professionals responsible for integrating the new technical specifications into batch filing processes; these may be vendors of batch filing programs as well as in-house IT staff of financial institutions.
FinCEN representatives will discuss the following topics during the webinar:
- Overview of the e-filing specifications for FinCEN's new CTR, SAR, and DOEP;
- Overview of BSA e-filing test site and testing process; and
- FAQs about the e-filing specifications.
FinCEN will be offering a separate webinar at a later date for financial institution employees and compliance professionals with BSA-related responsibilities.
It is recommended that participants of the IT webinar review the technical specifications prior to the session and document any specific questions for discussion. Use the resource link to access the specifications.