BSA E-Filing is a service that filers can access by using their existing Internet connections regardless of connection speed. In addition, it is designed to minimize filing errors and provide enhanced ...

Despite bankers' complaints of the regulatory burden of Bank Secrecy Act reporting, Office of Thrift Supervision Director John Reich said Tuesday that the filings were useful in cracking down on ...

Under the Bank Secrecy Act (“BSA”), the most onerous civil penalties will be applied for “willful” violations. That mental state standard might sound hard for the government to prove. For example, in ...

The Financial Crimes Enforcement Network (FinCEN) said Magnetic Media filers must transition to BSA Electronic Filing (E-Filing) by Dec. 31. The Web-based BSA E-Filing system is user-ID and ...

Yesterday we were very pleased to welcome guest blogger, Don Fort, who is the Director of Investigations at Kostelanetz LLP, and the past Chief of the Internal Revenue Service’s Criminal Investigation ...

Banks and thrifts must switch to a new filing system for Bank Secrecy Act reports by yearend. The Financial Crimes Enforcement Network announced last month that institutions have until Dec. 31 to ...