BSA Blast

NAFCU 2020 - BSA School - Banner

Quarterly BSA Enewsletter

NAFCU's BSA Blast is a NAFCU member-only quarterly enewsletter offering coverage and analysis of credit union compliance issues and industry activity concerning the Bank Secrecy Act (BSA) and Treasury's Office of Foreign Assets Control (OFAC) regulations.

Each issue also includes a ten-question quiz with answer key on BSA and OFAC issues and regulations to help you hone your knowledge of BSA and OFAC.

The May 2020 issue is available now!

In This Issue

Featured Articles

Updates to the FFIEC Bank Secrecy Act/Anti-Money Laundering Examination Manual
A review of recent guidance added to the BSA/AML Examination Manual.
Read More

FinCEN Holds Bank Employee Personally Liable for BSA Violations
A summary of a recent enforcement action holding the former chief operational risk officer of U.S. Bank personally liable for continued BSA violations.
Read More

BSA Pulse

A summary of the multiple guidance documents FinCEN released in response to COVID-19.
Read More

BSA Beat

ICYMI – a  summary round-up of recent financial regulator activity.
Read More

Questions & Answers Forum

Are CTRs reported to the board? Does adding an authorized signer to a business account trigger beneficial ownership review?
Read More


Take the Quiz!

Looking for archived issues? You can view archived issues of the BSA Blast online.

Not subscribed? Staff and volunteers of NAFCU member credit unions can subscribe online through their NAFCU website account.