Finanse publiczne · 29/07/2011
FinCEN Issues Final Rule on Prepaid Access Regulations Under the Bank Secrecy Act
The Financial Crimes Enforcement Network (FinCEN) has issued a final rule to update the Bank Secrecy Act (BSA) regulations for Money Services Businesses (MSBs) involving prepaid access, including new definitions, recordkeeping requirements, and exemptions for certain products and services.