Finanse publiczne · 03/12/2010

FinCEN Issues Final Rule on Confidentiality of Suspicious Activity Reports

The Financial Crimes Enforcement Network (FinCEN) is issuing a final rule to amend the Bank Secrecy Act (BSA) regulations regarding the confidentiality of Suspicious Activity Reports (SARs). The rule aims to clarify the scope of the statutory prohibition against disclosing SARs, address government disclosure of SARs, and modify the safe harbor provision to align with the USA PATRIOT Act.