Finanse publiczne · 03/12/2010

OTS Issues Final Rule on Confidentiality of Suspicious Activity Reports

The Office of the Comptroller of the Currency (OTS) has issued a final rule to amend its regulations implementing the Bank Secrecy Act (BSA) governing the confidentiality of Suspicious Activity Reports (SARs), clarifying the scope of the statutory prohibition on disclosure and addressing the government's role in safeguarding SARs.