FinCEN Invites Comments on Proposed Renewal of Bank Secrecy Act Regulation

Summary

The Financial Crimes Enforcement Network (FinCEN) is seeking public comments on the proposed renewal of a Bank Secrecy Act (BSA) regulation without any changes to the existing administrative rulings. This renewal aims to reduce paperwork and respondent burden, as part of FinCEN's ongoing efforts to streamline its information collection activities.